WAEC Commerce 1995 Question 29

Question 29

Stock Exchange

Which of the following belongs to the capital market?

  1. A.Commercial bank
  2. B.Savings bank
  3. C.Stock exchange
  4. D.Bureau de change
  5. E.Clearing house
Show the answer and explanation

Answer: C (Stock exchange)

Explanation

The stock exchange deals in long-term funds, so it is part of the capital market.