Which of the following is NOT an instrument of capital market with special reference to India?
Commercial paper is a short-term money-market instrument. Equity shares and long-term debentures are capital-market securities, and a gold ETF is an exchange-traded fund…
Choose your answer
Which of the following is NOT an instrument of capital market with special reference to India?
Answer and explanation
Correct answer D
Commercial paper is a short-term money-market instrument. Equity shares and long-term debentures are capital-market securities, and a gold ETF is an exchange-traded fund security available in the securities market. It does not turn commercial paper into a long-term capital-market instrument.
Practice for these exams
-
UGC NET Economics