McqMate
| 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. |
| Answer» B. Maturity in this market ranging from overnight to one year. | |
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