Which among the following is/are correct regarding Money Market? | Faculties

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Mr. Dubey

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📊 Banking and Finance 2

Q. Which among the following is/are correct regarding Money Market?

(A) Money Market is a market for short-term funds.
(B) Maturity in this market ranging from overnight to one year.
(C) The basic function of money market is to provide efficient liquidity position for commercial banks, financial institution, Mutual funds, insurance companies, corporate etc.
(D) Maturity in this market is above one year.

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✅ Correct Answer: (B) Maturity in this market ranging from overnight to one year.

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