NABTEB Accounting 2025 Objective — Question 49

Question 49 of 60 from the National Business and Technical Examinations Board (NABTEB) Accounting 2025 Objective paper, with the correct answer and a full explanation.

Which of the following is not an instrument in the capital market?

A. Bill of exchange
B. Debenture
C. DepositCorrect

Explanation

Bank deposits are money market instruments, not capital market instruments, unlike bills of exchange, debentures and treasury bills/certificates.

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