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      Question

      Which statement against the markets mentioned below is

      incorrect -Β 
      A Money Market- a wholesale debt market for low-risk, highly-liquid, short-term instrument. It is dominated mostly by government, banks and financial institutions. Correct Answer Incorrect Answer
      B Capital Market - designed to finance the long-term investments, for periods over a year. Correct Answer Incorrect Answer
      C Forex Market - one of the most developed and integrated market across the globe. Correct Answer Incorrect Answer
      D Credit Market- Credit market is a place where banks, FIs and NBFCs purvey short, medium and long-term loans to corporate and individuals. Correct Answer Incorrect Answer
      E All are correct Correct Answer Incorrect Answer

      Solution

      The correct answer is E

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