Economics · Money Market
Assertion (A): The money market deals with short-term funds and highly liquid instruments. Reason (R): Instruments in the money market generally have a maturity period of up to one year.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both A and R are true and R is the correct explanation of A✓
- 2Both A and R are true but R is not the correct explanation of A
- 3A is false but R is true
- 4A is true but R is false
Correct answer
Both A and R are true and R is the correct explanation of A
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