Question

Which group consists of financial assets dealt in by a financial market?

Options

• Personal, corporate and public finance

• Banks, non-banking financial institutions, brokers, mutual funds and discount houses

• Bonds, stocks, derivatives, government securities and foreign currency

• Institutions, markets, instruments and services

Answer 1

Bonds, stocks, derivatives, government securities and foreign currency are examples of financial assets. Banks, brokers and mutual funds are among the channels through which the market operates.