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Answer : 3. "Money market"
The market in which loan of money can be obtained is called:
5Q:
The market in which loan of money can be obtained is called:
- 1Reserve marketfalse
- 2Institutional marketfalse
- 3Money markettrue
- 4Exchange Marketfalse
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Answer : 3. "Money market"
Explanation :
The money market is an organized exchange market where participants can borrow short-term, high-quality debt securities with an average maturity of one year or less.