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

(a) Secondary market

(b) Capital market

(c) Primary market

(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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