what is a money market and who are its participants? introduce any three types of money market instruments.
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The major participants in the money market are commercial banks, governments, corporations, government-sponsored enterprises, money market mutual funds, futures market exchanges, brokers and dealers, and the Federal Reserve. Commercial Banks Banks play three important roles in the money market.
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Explanation:
The money market's primary players are the Reserve Bank of India (RBI), commercial banks and financial institutions like LIC, etc., The main money market instruments are Treasury bills, commercial papers, certificate of deposits, and call money
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