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_________ is a market for lending & borrowing of short term funds.Answer choicesSelect only one optionREVISITMoney marketPrimary marketCapital marketSecondary Market

Question

_________ is a market for lending & borrowing of short term funds.Answer choicesSelect only one optionREVISITMoney marketPrimary marketCapital marketSecondary Market

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Solution

The answer is Money market. The money market is a segment of the financial market in which financial instruments with high liquidity and short-term maturities are traded. The money market is used by participants as a means for borrowing and lending in the short term, with maturities that usually range from overnight to just under a year.

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_________ is a market for lending & borrowing of short term funds.Answer choicesSelect only one optionREVISITMoney marketPrimary marketCapital marketSecondary Market

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The lending rate is the trend setting interest rate.

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