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Answer Each of These Questions in About One Hundred and Fifty Words: State the Nature of Money Market. Who Are the Major Participants in the Money Market? - Entrepreneurship

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Short Note

Answer each of these questions in about one hundred and fifty words:

State the nature of money market. Who are the major participants in the money market?

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Solution

Money market refers to transactions involving lending and borrowing of money for short periods like a day a week a month or 3 to 6 months. It meets the short term requirements.
The major participants in the market are:

  1. Reserve Bank of India
  2. Commercial Banks, Cooperative Banks
  3. Non-Banking Finance Companies
  4. State Government
  5. Large Corporate Houses and Mutual Funds
  6.  LIC, GIC, UTI, etc.
Concept: Capital Markets
  Is there an error in this question or solution?
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APPEARS IN

CBSE Class 12 Entrepreneurship Textbook
Chapter 6 Resource Mobilization
Section B: Financial Markets | Q 3.1 | Page 246
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