Money Market Securities do not comprise of which of the following?

11. Money Market Securities do not comprise of which of the following?

  1. Commercial Paper
  2. Certificate of Deposit
  3. Treasury Bills
  4. 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.

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