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Question

It is a market for short-term funds, which deals in monetary assets whose period of maturity is up to one year. Find the Answer at BYJU'S


A

Secondary market

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B

Capital market

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C

Primary market

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D

Money market

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Solution

The correct option is D

Money market


Answer (d) Money market

Explanation: The money market fundamentally is concerned with a segment of the financial market, where financial instruments with high liquidity and transient developments are exchanged. It is utilised by individuals as a method of acquiring and lending for the present moment or on a short-term basis. Some of the examples of money markets are auto loans, trade bills, credit card receivables, etc.


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