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      Question

      Which of the following instruments is not considered

      part of the money market?
      A Treasury Bills Correct Answer Incorrect Answer
      B Certificates of Deposit Correct Answer Incorrect Answer
      C Commercial Papers Correct Answer Incorrect Answer
      D Equity Shares Correct Answer Incorrect Answer
      E Call Money Correct Answer Incorrect Answer

      Solution

      Equity shares are long-term investment instruments and belong to the capital market, not the money market.

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