All of the following are money market instruments except__: ?
All of the following are money market instruments except__: ?
[A]Certificate of deposit
[B]Commercial paper
[C]Indian Depository Receipt
[D]Commercial bill
Indian Depository Receipt
Indian Depository Receipt is a capital market instrument. Money market instruments in India include Call Money / Notice Money / Term Money Market, Treasury Bill (T – Bills), Commercial Bills, Certificate Of Deposits (CDs), Commercial Papers (CP), Money Market Mutual Funds (MMMFs), The Repo / Reverse Repo Market etc.