Question : Which of the following statement is incorrect?
Option 1: Money market require huge financial investment
Option 2: The expected return of money market is less due to short duration
Option 3: Money market deals in medium and long term securities
Option 4: None of the above
Answer (1)
22nd Jan, 2024
Correct Answer: Money market deals in medium and long term securities
Solution : Money market deals in short term securities having maximum tenure of one year and may even be issued for a single day. Money market instruments are generally saved due to shorter duration of investment.
Hence, option C is correct.
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