Question
Business Studies Question on Marketing Management
India's largest domestic investor Life Insurance Corporation of India has once again come to government's rescue by subscribing 70% of Hindustan Aeronautics ₹4,200 crore Initial Public Offering (IPO). Which market is being reflected in the above case ?
A
Secondary Market
B
Money Market
C
Primary Market
D
Depository Market
Answer
Primary Market
Explanation
Solution
The correct option is (C) :Primary Market.