Answer: Provides facility of sale and purchase of foreign exchanges
Notes: The correct answer is "Provides facility of sale and purchase of foreign exchanges." The money market primarily deals with short-term borrowing and lending, typically involving instruments like Treasury bills, commercial paper, and certificates of deposit. It does not facilitate foreign exchange transactions, which are conducted in the foreign exchange market. The money market focuses on liquidity and short-term financial needs, while foreign exchange markets handle currency trading.
