GyanGramQuestion
Consider the following:
1. Exchange-Traded Funds (ETF)
2. Motor vehicles
3. Currency swap
Which of the above is/are considered financial instruments?
PRELIMS 2024 · INDIAN ECONOMY
Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap…
Attempt this previous-year question. The correct option stays hidden until you choose.
Pick an option to check yourself.
• Correct Answer: D
• ETFs and currency swaps are financial instruments representing monetary contracts that can be traded and settled.
• Motor vehicles are physical tangible assets, not financial instruments, as they do not represent contractual monetary claims.
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