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.