Q. Consider the following financial instruments:

1. Dated Securities
2. T-Bills
3. Certificates of Deposit (CDs)
4. Municipal Bonds

Which of the above instruments can be invested in by individuals in India?
Answer: 1, 2, 3 & 4
Notes: Dated Securities (government bonds), Treasury Bills, and Certificates of Deposit can be directly purchased by individuals in India. Municipal Bonds are also open for individual investment, though availability is limited with few public issues, such as the Indore Municipal Corporation’s bonds in 2023. Thus, all four are accessible to individuals for investment.