n NISM Certifications
VII NISM Series VII
Medium

An investor or trader can trade in debt instruments in the ______.

Practice question from NISM Series VII Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Commodity Markets

  2. B

    OTC Markets

  3. C

    Exchange-Traded Markets

  4. Both 2 and 3

    Correct answer

Why this is the answer

Debt instruments can be traded either OTC (directly between parties) or on exchanges.

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