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BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY2 Marks
Question
What are money markets?
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Answer

In India, money markets are such markets that provide short term funds whose maturity period is from $1$ day to $1$ year. Money market is classified into organized market and unorganized market.

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