Which of the following belongs to the capital market?

Assessment: WAEC SSCE - Commerce - 1994 (Objective) Subject: Commerce

Question 1 Report

Which of the following belongs to the capital market?
Answer Details
The stock exchange belongs to the capital market. The capital market is a market for long-term investments where individuals and institutions buy and sell securities, such as stocks and bonds. The stock exchange is a platform where stocks and other securities are traded, and it provides a way for companies to raise capital by selling their shares to the public. The other options mentioned in the question - commercial bank, Ministry of Finance, Chamber of Commerce, and Discount House - are not part of the capital market.
Read lesson note on Stock Exchange (JAMB)
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