UPSC PRELIMS · ECONOMICS · INDIAN ECONOMY: FINANCIAL INSTRUMENTS

Consider the following: 1. Exchange-Traded Funds 2. Motor vehicles 3. Currency swaps Which of the above are financial instruments?

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

Exchange-Traded Funds and currency swaps are financial instruments. Motor vehicles are physical assets rather than financial instruments.

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