Question : Which feature of money market is highlighted in the given statement?
Statement: It is a combination of many sub-markets.
Option 1: Low transaction cost
Option 2: Short term financial assets
Option 3: Consist of many sub-markets
Option 4: Speedy transactions
Answer (1)
20th Jan, 2024
Correct Answer: Consist of many sub-markets
Solution : Money market refers to that market transaction in which short term securities are made. The money market is a combination of many submarkets. The submarkets are call money market, treasury Bill market and commercial paper etc.
Hence, option C is correct.
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