Money required for carrying out the business activities is known as:

Option 1 -> Financial Planning is the process of estimating capital requirements and determining how to utilize funds, not the money itself.

Option 2 -> Money measurement is an accounting concept that states only monetary transactions are recorded in books of accounts.

Option 3 -> Business Finance refers to the funds/money required to establish and run business operations and activities.

Option 4 -> Money market is a segment of financial market where short-term borrowing and lending of funds takes place.

Hence, Option 3: Business Finance -> Business Finance specifically denotes the money and capital required for carrying out day-to-day business activities, purchasing assets, and meeting operational expenses -> correct