On the basis of Regulation
a. Regulated Market: In this market, transactions are statutorily regulated so as to put an end to unfair practices. Such markets may be established for specific products or for a group of products. Eg. Stock exchange
b. Unregulated Market: It is also called a free market as there are no stipulations on the transactions.
http://www.comgurukul.com/civil-service-gurukul/commerce-optional-test-series-upsc-2018/
http://www.comgurukul.com/commerce-gurukul/test-series-ca-final/
http://www.comgurukul.com/educational-books/gst-book/
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