Answer the following multiple choice question. Choose the correct answer only. No explanation is required. Each question 1 mark

1. Which one of the following is true

1. Money market securities are less liquid
2. Money market securities are more risky than the capital market securities
3. Money market securities have lower return than that of capital market securities
4. All of these
5. None of these

2. Which is not true for commercial paper?

1. Is issued by large companies, financial institution such as finance companies and bank holding companies.
2. it is typically unsecured
3. has a minimum denomination of $100,000
4. has no active secondary market

3. An investor purchases a 91-day T-bill for $9872. What is the bill discount?

1. 2.16%
2. 8.62%
3. 8.94%
4. 2.24%

4. Which of the following is the operating target of the monetary policy in Bangladesh?

1. Open market operation
2. Reserve money
3. Money Supply
4. Controlling Inflation
5. Economic growth