n NISM Certifications
VII NISM Series VII
Medium

Financial instruments which have a maturity period of ______ are known as Money Market Instruments.

Practice question from NISM Series VII Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. One year or less

    Correct answer

  2. B

    More than one year but less than 4 years

  3. C

    More than one year but less than 10 years

  4. D

    Above 5 years but below 10 years

Why this is the answer

Money market instruments are short-term financial instruments with maturities of one year or less.

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