Business Studies, asked by Sukhbeer9721, 1 year ago

Functions of money market simple

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Answered by santy2
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Functions of money market

The money market simple provides opportunity for short term investments, which provides for short term savings, which in turn helps in formation of capital base.

It provides a base for implementations of monetary policy also.

It provides funds for developing sectors it also helps in growth of the economy too.

It maintains monetary balance between demand and supply of short term monetary transactions.

Money market simple provides a discounting of bills of exchange which facilitate growth of trade

Money market simple plays an important roe in making funds available to many entities engaged in diverse fields activities like agriculture,industry, trade and commerce or any other business.
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