Type of market in which securities with less than one year maturity are traded is classified as
A. money market
B. capital market
C. transaction market
D. global market
Answer: Option A
Solution (By Examveda Team)
Type of market in which securities with less than one year maturity are traded is classified as money market. The money market is the trade in short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes money market mutual funds bought by individual investors and money market accounts opened by bank customers.This Question Belongs to Management >> International Finance And Treasury
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