ICSE Class X Commercial Applications 2019 Solved Papers

SECTION - I

State one difference between each of the following :

Question : 1 of 35

Marks: +1, -0

Capital Market and Money Market.

Solution:

Capital Market	Money Market
This is a specialised market for providing long term finance to business enterprises. It consists of stock exchanges, investment trusts, etc	Money market is a specialised market for providing short term finance to business enterprises. It consists various types of banks.

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