BD Merit - Freelancing, BCS, Bank, Primary, Admission, NTRCA

1 . Money market is a

A. market for short term fund
B. market for long term fund
C. market for risky securities
D. market for hedge fund
D. market for risk free assets

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Answer: Option A

Explanation:

The money market is a component of the economy which provides short - term funds. The money market deals in short - term loans, generally for a period of a year or less.

As money became a commodity, the money market became a component of the financial market for assets involved in short - term borrowing, lending, buying and selling with original maturities of one year or less.

Trading in money markets is done over the counter and is wholesale.

Bangladesh Bank - Assistant Director - 2006

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