It is a market for short-term funds which deals in monetary assets whose period of maturity is up to one year.

Related MCQs

• The money market where debt and stocks are traded and maturity period is more than a year is classified as
• In borrowing and lending of federal funds, the federal funds rate is result of function between
• In borrowing and lending of federal funds, federal funds rate is result of function between
• A large number (about 25%) of long-term mutual funds are _____________ funds, buying securities in proportions similar to those of a major stock index.
• The money market where securities are issued by governments to obtain funds for short term is classified as
• A type of bank account designed to compete with money market mutual funds, and having limited check-writing services, is known as:
• _________ is a market for lending & borrowing of short term funds.
• Money market deals with ..................... instruments.
• ------------ market deals in unlisted securities
• A bond whose coupon rate is below the current market rate of interest will have a price: