Nature of money market can be well explained with the help of it's feature. State any three such features of money market.
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Explanation:
What are the features of money market?
Salient Features of Money Market
Participants include banks, mutual funds, investment institutions and Central Banks. There is an impersonal relationship between the participants in the money market, and so, pure competition exists. Money market operations focus on a particular area, which serves a region or an area.
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Answer:
Explanation:
#1 Treasury Bills. ...
#2 Commercial Paper. ...
#3 Banker's Acceptance.
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