Which of the following is NOT a money market instrument?
- A.Certificate of Deposit
- B.Treasury Bill
- C.Equity share
- D.Commercial Paper
Show answer
An equity share has no maturity date at all; it represents ownership of a company for as long as the company exists, so it is the classic capital market instrument, issued in the primary market and traded on stock exchanges under SEBI's regulation.
Read the full explanation →