Question : Which market is known as near money?
Option 1: Capital market
Option 2: Money market
Option 3: Primary market
Option 4: Secondary market
Answer (1)
15th Jan, 2024
Correct Answer: Money market
Solution : Money market is that market with transaction in short term securities are made it means those securities were the payment produce up to one year. Since der mein choti period is very short they are also called near money.
Hence, option B is correct.
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