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>> What is the maximum time for which a loan is lent in Money Market?
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Q. What is the maximum time for which a loan is lent in Money Market?
a.
6 months
b.
14 days
c.
1 year
d.
1 month
ANSWER: 1 year
Answer & Explanation
The maximum time for which a loan is lent in the money market is 1 year. Above 1 year it is called capital market.
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