1.Which of the following is not a money market instrument
(1)Treasury Bills.
(2)Commercial Paper.
(3)Certificate of Deposit.
(4)Equity Shares. ♦♦
There are many instruments used in the money market in many Western nations, such as commercial paper, treasury bonds as well as bankers’ acceptances, deposits as well as certificates of deposit bills of exchange and repurchase agreements, federal funds, as well as short-lived mortgage and asset-backed securities.