ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If a firm requires to raise two crores for six months time to keep the stock of raw material, it should approach
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Money market
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Capital market
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Both (a) and (b)
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None of the above
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Explanation:
Detailed explanation-1: -Option “A” is correct i.e. money market. This approach is a money market as the firm requires six crores for only six months or a short period of time. A money market is an element of the economic market where short-term borrowing can be issued.
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