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Question
A market for lending and borrowing of short-term funds is known as the ______.
Options
Money market
Capital market
Labour market
Product market
MCQ
Fill in the Blanks
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Solution
A market for lending and borrowing of short-term funds is known as the money market.
Explanation:
The money market is a market for lending and borrowing short-term funds, typically for up to one year. It deals with financial instruments such as treasury bills, commercial paper, and certificates of deposit.
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2024-2025 (July) Official Board Paper
