BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Treasury bills
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Cash Management bills
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Commercial papers
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All of above
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Detailed explanation-1: -Money markets include markets for such instruments as bank accounts, including term certificates of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements (repos).
Detailed explanation-2: -Description: Money market consists of negotiable instruments such as treasury bills, commercial papers. and certificates of deposit. It is used by many participants, including companies, to raise funds by selling commercial papers in the market.
Detailed explanation-3: -Mutual Funds is not a part of Money Market.
Detailed explanation-4: -Treasury Bills, Certificate of Deposit as well as Commercial papers are money market instruments.