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Question : Which feature of money market is highlighted in the given statement?
Statement: Buying and selling in the money market involves less expenses.

 

Option 1: Low transaction cost

Option 2: Short term financial assets

Option 3: Consist of many sub-markets

Option 4: Speedy transactions 


 


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: Low transaction cost


Solution : Money market refers to that market way transaction in short term securities are made.Generally there is no need of brokers for the transaction done in the money market. Therefore buying and selling in the money market involves less expenses.

Hence, option A is correct.

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