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Consider the following markets: 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets?

UPSC · 2023 · Economy
Question:
Consider the following markets: 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets?

Options

Only one
Only two
Only three
All four
Answer: Only two

Explanation:
Government bonds and the stock market are part of capital markets; call money and treasury bills belong to money markets.

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