JAMB Commerce 2025 Objective — Question 38
Question 38 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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The money market where debt and stocks are traded and maturity period is more than a year is known as:
- A. Long-term market
- B. Counter market
- C. Capital marketCorrect
- D. Shorter term market
Explanation
The capital market is the market for trading long-term financial instruments with a maturity period of more than one year.
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