Facts

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

Q: Which one of the following is not a “Money Market Instrument”? A. Treasury bills B. Commercial Paper C. Certificate of deposit D. Equity Shares E. None of these   Answer: D: Equity Shares. The reason is that equity shares are instruments that last for a long time therefore, they cannot be an instrument used …

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