NISM Series II-B (RTA Mutual Fund) Practice Questions - NISM-Series-II-B Registrars And Transfer Agents (Mutual Fund) Certification Examination Exam

Securities are traded only among investors in the primary market, while issuers sell directly in the secondary market. The primary market deals with the first-time issuance of securities by companies, whereas the secondary market deals with trading of already issued securities. Only equity shares are traded in the primary market, while debt instruments are traded in the secondary market. The secondary market has no regulatory oversight, whereas the primary market is regulated by SEBI.