n NISM Certifications
X NISM Series X
Medium

Which market is used by issuers to raise capital by issuing securities for the first time?

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Money Market

  2. B

    Forward Market

  3. C

    Secondary Market

  4. Primary Market

    Correct answer

Why this is the answer

The primary market is where new securities are issued directly by issuers to investors.

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