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Question : Which of the following statement is incorrect for money market instruments?
 

Option 1: Money market instruments are highly liquid

Option 2: Instruments of money market are quite expensive

Option 3: Money market instruments are highly risky

Option 4: None of the above


 


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Money market instruments are highly risky


Solution : Money market instruments are less risky. The instruments of money market are unsecured. Still they are less risky due to short duration of investment and financial soundness of their issuers.

Hence, option C is correct.

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