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Question : Which feature of money market is highlighted in the given statement?
Statement: It is a combination of many sub-markets.
 

Option 1: Low transaction cost

Option 2: Short term financial assets

Option 3: Consist of many sub-markets

Option 4: Speedy transactions 


 


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Consist of many sub-markets


Solution : Money market refers to that market transaction in which short term securities are made. The money market is a combination of many submarkets. The submarkets are call money market, treasury Bill market and commercial paper etc.

Hence, option C is correct.

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