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Question

Which of the following is/are instruments of the money market?

1. Call Money
2. Commercial Papers
3. Certificate of Deposit
4. Commercial Bills

Choose the correct answer from below.

A
1 and 2 only
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B
1 , 2 , and 3 only
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C
1 and 3 only
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D
All of the above
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Solution

The correct option is D All of the above
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Money markets are the part of a financial system concerned with raising capital by dealing in Call Money, Commercial Papers, Certificate of Deposit, Commercial Bills and other short-term instruments.

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