Complete the correlation : Money market : Short term funds : : ______ : Long term funds
Q.1 (A) (v) Complete the correlation : Money market : Short term funds : : ______ : Long term funds
Q.1 (A) (v) Complete the correlation : Money market : Short term funds : : ______ : Long term funds
Best answer
Answer: Capital market
The money market deals in short term funds (up to one year), e.g. call money, treasury bills, commercial bills. The capital market deals in medium and long term funds, e.g. shares, debentures and long term government securities.
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