Discussion
With respect to financial instruments, which of the following statement is incorrect
Answer: C
The incorrect statement is that financial instruments cannot be pledged for getting loans. In fact many financial instruments, such as shares, bonds and fixed deposit receipts, can be pledged or offered as security for loans. The other statements are correct: financial instruments give liquidity because they can be converted to cash quickly, they can be traded easily because there is a ready market, and they can be transferred from one person to another.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development