Accountancy, asked by varshithkanni2751, 1 year ago

Money Market is essentially a Market for short term funds'. Discuss.

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Answered by mersalkeerthi46

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'Money market is essential market for short-term funds'. Discuss. Money market is a market where transactions are made in short-term securities or it is meant for those securities where the payment period is upto one year. Since, their maturity period is very short, they are also termed as near money

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