UPSC Civil Services Prelims 2013
Question 12 of 64Indian Economy
Which one of the following is the most appropriate meaning of ‘capital market’?
AA market for very short-term funds only
BA market for long-term funds and securities
CA market for daily wage labour
DA market for agricultural commodities only
Correct Answer
The correct answer is hidden
Explanation
19 words hidden ... the money market, which deals primarily with short-term liquidity instruments. Capital markets mobilize savings for ... 17 words hidden