n NISM Certifications
X NISM Series X
Medium

A 6-year G-Sec with 4 months to maturity is classified as:

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Long-term bond

  2. B

    Short-term bond

  3. Money market security

    Correct answer

  4. D

    None of the above

Why this is the answer

Securities with maturity less than or equal to 1 year are money market instruments.

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