Which among the following can be used to channelize surplus funds from savers to institutions for short term use?
Which among the following can be used to channelize surplus funds from savers to institutions for short term use?
[A]Stocks
[B]Bonds
[C]Debentures
[D]Commercial paper
Commercial paper
While first three belong to capital market, last one is an instrument of Money Markets. Money Markets are essentially short term markets.
Category: Banking Exams Material Section
Comments