ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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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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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: -For the most part, money markets provide those with funds-banks, money managers, and retail investors-a means for safe, liquid, short-term investments, and they offer borrowers-banks, broker-dealers, hedge funds, and nonfinancial corporations-access to low-cost funds.
Detailed explanation-4: -The money market is a market for short term funds which deals in monetary assets whose period of maturity is upto one year.
Detailed explanation-5: -”Money Market is essentially a Market for short term funds”.