n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is NOT a typical feature of a 'Money Market' instrument?

Practice question from NISM XXI A for PMS - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Short-term maturity (usually less than 1 year)

  2. B

    High liquidity

  3. C

    Usually issued by the government or banks

  4. Long-term investment horizon (more than 5 years)

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full NISM Series XXI-A mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.