Home » Past Questions » Economics » Which of the following is NOT an instrument in the money market?

Which of the following is NOT an instrument in the money market?


Question

Which of the following is NOT an instrument in the money market?

Options

A)
Treasury bill
B)
Bill of exchange
C)
Stocks and shares
D)
Call money fund

The correct answer is C.

Explanation:

Stocks and shares are securities purchase by individuals, which is evidence of contributing part of the total capital used in running an existing industry. Stocks and shares are instruments used in capital market.

More Past Questions:


Dicussion (1)

  • Stocks and shares are securities purchase by individuals, which is evidence of contributing part of the total capital used in running an existing industry. Stocks and shares are instruments used in capital market.

    Reply
    Like