Which of the following is correct in respect of financial markets? |
Financial markets are classified on the basis of the maturity of financial instruments traded in them. Instruments with a maturity of less than 3 months are traded in the money
market. Instruments with maturity of more than 3 months are traded in the capital market. All of the above |
Financial markets are classified on the basis of the maturity of financial instruments traded in them. |
Classification of Financial markets: These are classified on the basis of the maturity of financial instruments traded in them. Instruments with a maturity of less than one year are traded in the money market. Instruments with longer maturity are traded in the capital market. |