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    Question

    Which of the following statements is true?

    I. The capital market is a market for securities (debt or equity), where companies and Government can raise long term fund.

    II. The money market is a component of the financial markets for assets involved in short term borrowing and lending.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C None Correct Answer Incorrect Answer
    D Both Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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