Q.No.:4
If a firm requires two crores for six
months time to keep the stock of raw
material, it should approach
(a) Money market
(b) Capital market
(c) Both (a) and (b)
(d) None of the above.
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Answer:
c. both (a) and (b).....
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The approach would be the money market.
• Option “A” is correct i.e. money market.
• This approach is a money market as the firm requires six crores for only six months or a short period of time.
• A money market is an element of the economic market where short-term borrowing can be issued. This market comprises assets that deal with short-term borrowing, loaning, buying, and selling.
Hope it helped...
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