Question

19. The principal instrument of the
organized money market is
[A] the call money market
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[B] the repo market
[C] the commercial bill market
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[D] All of the above​

Answer 1

Explanation:

main money market instruments are Treasury bills, commercial papers, certificate of deposits, and call money. A money market is highly liquid as it has instruments that have a maturity below one year. Most of the money market instruments provide fixed returns.