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.
Option 1: Low transaction cost
Option 2: Short term financial assets
Option 3: Consist of many sub-markets
Option 4: Speedy transactions
Correct Answer: Short term financial assets
Solution : Money market refers to that market where transaction in short term securities are made.This market deals in those financial assets which are the maximum maturity period of one year. Financial assets mean financial instruments.
Hence, option B is correct.