Consider the following observations:
1. The Indian Capital Market deals in both primary and secondary securities
2. The Indian Capital Market allows businesses to raise both short term and long-term funds
Which among the above statements is / are correct ?

Answer: [A] Only 1

First statement is correct. Second statement is incorrect. Short Term Funds – Indian Money Market, Medium and Long Term Funds- Indian Capital Market.

This question is a part of GKToday's Integrated IAS General Studies Module