n NISM Certifications
X NISM Series X
Medium

The money market instrument with the shortest tenor is:

Practice question from NISM Series XA- Investment Adviser (Level 1) Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Term money

  2. B

    Cash management bills

  3. Call money

    Correct answer

  4. D

    Notice money

Why this is the answer

Call money is an overnight instrument, with the shortest duration.

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