The market that deals in long-term funds and securities with a maturity period of more than one year is called the ___ market.
- dumping
- NPCI (or National Payments Corporation of India)
- drives out
- capital
Answer: capital
The capital market facilitates the flow of long-term savings into productive investments, comprising both the primary market (new issues) and the secondary market (stock exchanges). It is essential for funding corporate expansion and infrastructure development.