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Money Market Securities do not comprise of which of the following?
11. Money Market Securities do not comprise of which of the following?
- Commercial Paper
- Certificate of Deposit
- Treasury Bills
- National Savings Certificate
Answer: D) National Savings Certificate
Explanation:
Foundations that partake in the currency market incorporate banks that loan to each other and to huge organizations in the eurocurrency and time store markets; organizations that fund-raise by selling business paper into the market, which can be purchased by different organizations or assets; and financial backers who buy bank CDs as a protected spot to stop cash temporarily. A portion of those discount exchanges at last advance under the control of buyers as parts of currency market common assets and different ventures.