Which of the following are the instruments of money market ? (i) Call money market (ii) Commercial bill…
The money market deals in short-term monetary assets with maturities up to one year, encompassing the call money market (i), commercial bill market (ii), short-term loans…
Choose your answer
Which of the following are the instruments of money market ?
(i) Call money market
(ii) Commercial bill market
(iii) Industrial securities market
(iv) Short-term loans market
(v) Treasury bill market
Answer and explanation
Correct answer A
The money market deals in short-term monetary assets with maturities up to one year, encompassing the call money market (i), commercial bill market (ii), short-term loans market (iv), and treasury bill market (v). The industrial securities market (iii) deals in long-term equity and debt securities and belongs to the capital market.
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UGC NET Commerce