Justify the following statement.Money Market makes available short-term finance through different instruments.

Justify the following statement.Money Market makes available short-ter

1.	Justify the following statement.Money Market makes available short-term finance through different instruments.
Answer» The money market is the market that provides short-term loans to businesses and governments. The loan period ranging from one day to one year. Call money and notice money provide finance for periods between 2 days to 14 days. Treasury Bills offer finance to the government for 91 days, 182 days, 364 days. Trade Bill or commercial bills offer finance up to 90 days. Commercial paper offers finance to the business organization from 7 days to 1 year. Money Market Mutual Fund offers finance for a maximum period of 1 year. Hence, the money market makes available short-term finance through different instruments.