Question :
Money market is a market for:
Option 1:
short-term funds
Option 2:
long-term funds
Option 3: negotiable instrument
Option 4: sale of shares
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Correct Answer:
short-term funds
Solution : The correct answer is short-term funds .
A money market is a type of financial market that deals mainly with short-term debt securities and financial instruments with maturities that range from overnight to one year. It is a market for borrowing and lending cash in the short term, with higher liquidity and little risk. Financial institutions, businesses, governments and people are all participants in the money market.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
