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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


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 4th Jan, 2024

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.

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