Question

    A money market is a market where _______

    A Money is raised from banks for up to 1 year Correct Answer Incorrect Answer
    B Money is raised from financial markets for up to 1 year Correct Answer Incorrect Answer
    C Money is raised from banks for up to 3 year Correct Answer Incorrect Answer
    D Money is raised from financial markets for up to 3 year Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Money market is the financial market for short-term funds to meet short term liquidity requirements and consists of instruments of maturities less than one year.  

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