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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

 


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 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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