WAEC Commerce 1994 Question 52

Question 52

Stock Exchange

Which of the following belongs to the capital market?

  1. A.Commercial bank
  2. B.Stock exchange
  3. C.Ministry of Finance
  4. D.Chamber of Commerce
  5. E.Discount House
Show the answer and explanation

Answer: B (Stock exchange)

Explanation

The Stock Exchange deals in long-term capital.