👉 Practice this question interactively (Hindi / English / AI)

Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments?

UPSC · 2024 · Economy
Question:
Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments?

Options

(a) 1 only
(b) 2 and 3 only
(c) 1, 2 and 3
(d) 1 and 3 only
Answer: (d) 1 and 3 only

Explanation:
ETFs and currency swaps are financial instruments; motor vehicles are physical assets.

👉 Want AI explanation? Open in MCQ App

← Previous Next →

Recommended articles

Practice More PYQs

📱 Follow Us

Telegram Instagram YouTube