Question : Which feature of money market is highlighted in the given statement? Statement: Buying and selling in the money market involves less expenses.
Option 1: Low transaction cost
Option 2: Short term financial assets
Option 3: Consist of many sub-markets
Option 4: Speedy transactions
Correct Answer: Low transaction cost
Solution : Money market refers to that market way transaction in short term securities are made.Generally there is no need of brokers for the transaction done in the money market. Therefore buying and selling in the money market involves less expenses.
Hence, option A is correct.
Question : Which feature of money market is highlighted in the given statement? Statement: It is a combination of many sub-markets.
Question : Which feature of money market is highlighted in the given statement? Statement: The money market deals in those financial assets which have the maximum maturity period of one year.
Question : Which feature of money market is highlighted in the given statement? Statement: Most of the transaction done here are done on the telephone and the remaining paper formality is completed later on.
Question : Which feature of money market is highlighted in the given statement? Statement: There is no need of brokers for the transaction done in the money market.
Question : Which feature of money market is highlighted in the given statement? Statement: The discount finance house of India has been established for this purpose.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile