Question

The money market is a market for short-term funds which deals in monetary assets whose period of maturity is:

विकल्प

• Upto one year

• Upto six months

• Upto three months

• None of these

Answer 1

Upto one year

Explanation - 

The money market is a market for short-term funds that trades in monetary assets with a one-year maturity period. These assets serve as money substitutes.