NISM Series VI (Depository Operations) Practice Questions - NISM-Series-VI Depository Operations Certification Examination Exam

Which of the following is a primary characteristic of money market instruments in India?

They represent long-term equity ownership in public firms They are highly liquid debt instruments with maturities of up to one year They are exclusively issued by foreign portfolio investors They are tradeable contracts that derive their value from underlying indices

Correct Answer:

They are highly liquid debt instruments with maturities of up to one year

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