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Question : Which of the following statement is incorrect?

Option 1: Money market instruments are highly liquid

Option 2: Money market instruments are less risky

Option 3: Money market instruments are cheaper

Option 4: None of the above

 


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Money market instruments are cheaper


Solution : Instruments of money market are quite expensive. Major participants of money market are reserve Bank of India,commercial banks, state governments,etc.

Hence, option C is correct.

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