BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is a market for short-term funds which deals in monetary assets whose period of maturity is up to one year
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Primary Market
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Secondary Market
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Capital Market
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Money Market
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Explanation:
Detailed explanation-1: -The money market is a market for short-term funds which deals in monetary assets whose period of maturity is up to one year. Generally money market is the source of finance for working capital.
Detailed explanation-2: -Money market refers to the market for trading of short term securities and funds. Securities traded in the money market have a very short maturity period ranging from one day to one year.
Detailed explanation-3: -’Money market is essentially a market for short-term funds’. In the light of this statement, state any three features of money market.
Detailed explanation-4: -”Money Market is essentially a Market for short term funds”.
There is 1 question to complete.