Which of the following is a financial instrument used in the Indian economy?
Practice Questions
Q1
Which of the following is a financial instrument used in the Indian economy?
Equity shares
Government bonds
Mutual funds
All of the above
Questions & Step-by-Step Solutions
Which of the following is a financial instrument used in the Indian economy?
Step 1: Understand what a financial instrument is. A financial instrument is a contract that represents an asset to one party and a liability to another.
Step 2: Identify the options provided in the question. Look for examples of financial instruments such as stocks, bonds, mutual funds, etc.
Step 3: Research or recall if these options are used in the Indian economy. Check if they are recognized and regulated by Indian financial authorities.
Step 4: Conclude that all the options listed are indeed financial instruments used in the Indian economy.
