Question : Which money market instrument is highlighted in the given statement?
Statement: It's maturity period is up to one year.
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Call money
Option 4: All of the above
Answer (1)
26th Jan, 2024
Correct Answer:
All of the above
Solution : Treasury bill commercial paper and call money all three are the money market instruments. Money market is that market will transaction in short term securities are made it means those securities where the payment period is up to one year.
Hence, option D is correct.
Comments (0)
