Define money market and it's essential
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2
Answer:
Money Market refers to the market where short term funds are traded. Herein, short term funds are in the form of monetary assets having a maturity period of maximum one year.
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Explanation:
The money market is defined as dealing i
debt of less
debt of less The money market trades instruments
such as Treasury bills, certificates of
Treasury bills, certificates of deposit, promissory notes, commercial
papers and bonds redeemable in
less than a year.
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