UPSC Civil Services Prelims 2024
Question 9 of 75Indian Economy
Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments?
A1 only
B2 and 3 only
C1, 2 and 3
D1 and 3 only
Correct Answer
The correct answer is hidden
Explanation
18 words hidden ... as they are derivative contracts involving exchange of currency-related cash flows. Motor vehicles are physical assets, ... 22 words hidden