SELECT * FROM question_mgmt as q WHERE id=5307 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=20 AND chapterId=599 and ex_no='2' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)
“Money Market is essentially a Market for short term funds.” Discuss.
Money market is a market where transactions are made in short-term securities or it is meant for those securities where the payment period is upto one year. Since, their maturity period is very short, they are also termed as near money. These securities include call money, treasury bills, commercial bills, certificate of deposit, commercial paper, etc. Short-term financial instruments satisfy the requirement of short-term or working capital needs of commercial establishments.
Features of Money Market are:
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