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Justify the following statement. There are many participants in money market. - Secretarial Practice

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Question

Justify the following statement.

There are many participants in money market.

Justify
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Solution

  1. In the money market, lending and borrowing of funds take place for a short period of time, which may vary from one day to a year.
  2. Participants of the money market include RBI, Central and State governments Public Sector Undertakings, Scheduled commercial banks, Insurance companies, Mutual funds, Non-Banking Finance Companies, Corporates, Primary dealers, etc.
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Types of Financial Market
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Chapter 11: Financial Market - Exercises [Page 169]

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