ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The market for short term financial assets/ instruments, that are close substitutes of money, is called:
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Money Market
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Capital Market
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Forex Market
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Financial Market
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Explanation:
Detailed explanation-1: -What is Money Market? Money Market is a financial market where short-term financial assets having liquidity of one year or less are traded on stock exchanges. The securities or trading bills are highly liquid. Also, these facilitate the participant’s short-term borrowing needs through trading bills.
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