Economy, asked by homeworkload4041, 1 year ago

Advantages and disadvantages of money market in india

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Answered by Anonymous
1

Answer:

 Money market investing can be very advantageous, especially if you need a short-term, relatively safe place to park cash. Some disadvantages are low returns, a loss of purchasing power and that some money market investments are not FDIC insured.

Answered by Anonymous
0

Answer:

A money market account, or money market deposit account, is a government-insured bank account that pays relatively high interest rates and provides cash withdrawal privileges. ... Money market accounts are offered by banks and credit unions and have several significant advantages...........................

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