UPSC Previous Year Question | Prelims GS | 2023

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?

  1. Only one
  2. Only two
  3. Only three
  4. All four

Answer

Correct Answer

Only two

Explanation

Government Bond Market and Stock Market are part of the capital market (long-term funds). Call Money Market and Treasury Bill Market are part of the money market (short-term funds), not the capital market.

Topics: capital market, economy, financial markets, money market