Which of the following is involved in the money market?
Which of the following is involved in the money market?
Building society
Development banks
Commercial banks
Stock exchange
Correct answer is C
Money market is a financial market for the sale and purchase of short term debt instruments.
The major participants in the money market are commercial banks, governments, corporations, government-sponsored enterprises, money market mutual funds, futures market exchanges, brokers and dealers, and the Federal Reserve.