Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following is not a money market security?

ACommercial paper

BCertificate of deposit

CTreasury bills

DNSC

Answer:

D. NSC

Read Explanation:

NSC (National Savings Certificate) is a long-term savings instrument, not a short-term money market security. The others are money market instruments.


Related Questions:

Which among the following is the largest credit rating agency in the world?
------banking is known as "Operation for the masses rather than for the classes
Lead bank scheme introduced by
The nationalized bank with Punjab National Bank in 1993.
CIBIL stands for