BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following financial product are NOT much popular in India as they have been launched only recently?
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Development Bonds
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Insurance Policies
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Mutual funds
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Sovereign Wealth Funds
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Explanation:
Detailed explanation-1: -Which of the following financial products are not much popular in India as they have been launched only recently? A) Development bonds.
Detailed explanation-2: -Mutual Funds is not a part of Money Market.
Detailed explanation-3: -The money market is composed of several types of securities including short-term Treasuries (e.g. T-bills), certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds that invest in these instruments.
There is 1 question to complete.