alleryInstruments with a maturity of less than one year are traded in the:
ACapital market
BPrimary market
CAuction market
DMoney market
Answer & Solution
Correct answer: D. Money market
1. Longer maturities belong elsewhere.
2. Short-term assets are close substitutes for money.
3. That is the money market.
_Source: syllabus Business Studies Part II, Chapter 10, Financial Markets._
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