Question : Which feature of money market is highlighted in the given statement? Statement: Most of the transaction done here are done on the telephone and the remaining paper formality is completed later on.
Option 1: More liquidity
Option 2: Low transaction cost
Option 3: Speedy transactions
Option 4: Short term financial assets
Correct Answer: Speedy transactions
Solution : The transaction done in the money market are done speedly most of the transaction done here done on the telephone and their remaining paper formality is completed later on. Therefore it is also called over the phone market.
Hence, option C is correct.
Question : Which feature of money market is highlighted in the given statement? Statement: The money market deals in those financial assets which have the maximum maturity period of one year.
Option 1: Low transaction cost
Option 2: Short term financial assets
Option 3: Consist of many sub-markets
Option 4: Speedy transactions
Question : Which feature of money market is highlighted in the given statement? Statement: Buying and selling in the money market involves less expenses.
Question : Which feature of money market is highlighted in the given statement? Statement: It is a combination of many sub-markets.
Question : Which feature of money market is highlighted in the given statement? Statement: There is no need of brokers for the transaction done in the money market.
Option 4: Consists of many sub markets
Question : Which feature of money market is highlighted in the given statement? Statement: The discount finance house of India has been established for this purpose.
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