alleryFinancial markets are classified on the basis of the:
AAge of the issuing firms
BSize of the trading floor
CMaturity of the instruments
DColour of the certificates
Answer & Solution
Correct answer: C. Maturity of the instruments
1. Short maturities go one way.
2. Longer maturities go the other.
3. The basis is maturity of instruments.
_Source: syllabus Business Studies Part II, Chapter 10, Financial Markets._
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