Which one of the following is not a “Money Market Instrument”?

Treasury bills

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Commercial Paper

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Certificate of deposit

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Equity Shares

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None of these

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Solution

The correct option is D
Equity Shares

Equity shares are long-term instruments and hence, cannot be a money market instrument.

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Similar questions

Q3. Financial market is classified into money market and capital market. Which of the following are money market instruments?

1. Treasury Bills 2. Preference shares

3. Commercial papers

Select the correct answer using the codes given below

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