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Question : Which market is known as near money?

Option 1: Capital market

Option 2: Money market

Option 3: Primary market

Option 4: Secondary market


 


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: Money market


Solution : Money market is that market with transaction in short term securities are made it means those securities were the payment produce up to one year. Since der mein choti period is very short they are also called near money.

Hence, option B is correct.

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