Correct Answer: Correct answer is: (C) Both (A) and (B).
Exam Relevance: SSC CHSL, UPSC, Banking Exams
Difficulty: Easy
Concept notes: The capital market is divided into different segments based on the type of securities traded. The two primary segments are the gilt-edged market and the industrial securities market.
Common Mistakes: Students may mistakenly believe that the capital market is only divided into one type of market, such as the gilt-edged market, without recognizing the industrial securities market.
Explanations: The capital market is a financial market where long-term debt or equity-backed securities are bought and sold. It is divided into two main segments: the gilt-edged market, which deals with government securities, and the industrial securities market, which deals with corporate securities. Therefore, both segments are correct, making option C the correct answer.
Option Analysis: - Option A: The gilt-edged market is a part of the capital market, but it is not the only segment.
- Option B: The industrial securities market is also a part of the capital market, but it is not the only segment.
- Option C: Both the gilt-edged market and the industrial securities market are segments of the capital market, making this the correct answer.
- Option D: The personal securities market is not a recognized segment of the capital market.
Mnemonic: GIM: Gilt-edged, Industrial, Market
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