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:

If Customer of a bank could not b balance to traced, the banker usually transfers the account and close the account.
----------is a condition in which there is an immediate decline in the availability of loan or credit.
Two or more separate banks comes under a single management is known as
Public sector banks introduced the scheme of Differential Rate of Interest in the year
Which of the following is NOT eligible for classification under priority sector lending?