NISM Series XXI-A Practice Questions - NISM-Series-XXI-A Portfolio Management Services (PMS) Distributors Certification Examination Exam

Which of the following functions is performed in the primary market?

Trading of already-issued shares between investors Issuance of new securities by a company to raise capital Settlement of trades through a clearing corporation Lending of securities for short selling

Correct Answer:

Issuance of new securities by a company to raise capital

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