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Question
The money market is a market for short-term funds which deals in monetary assets whose period of maturity is:
Options
Upto one year
Upto six months
Upto three months
None of these
MCQ
Solution
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.
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Money Market
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