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WAEC Commerce 1992 Question 76

Question 76

Stock Exchange

Which of following is a good example of a capital market?

  1. A.Money Market
  2. B.Bureau de change
  3. C.Ministry of Finance
  4. D.The Stock Exchange
  5. E.Commercial Bank
Show the answer and explanation

Answer: D (The Stock Exchange)

Explanation

The Stock Exchange is where long-term capital (shares and stocks) is raised and traded.