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Reliance Industries Limited | Why Patience is IMPORTANT in Stock Market | Coffee Can Investing

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In the following question, some parts of the sentence have errors and some are correct. Find out which part of a sentence has an error. The number of that part is the answer. It is be said that in 2019 the Indian Stock Market will fall drastically and we can expect that fall very soon.

Ganesh Steel Ltd.' is a large and credit-worthy company manufacturing steel for the Indian market. It now wants to cater to the Asian market and decides to invest in new hi-tech machines. Since the investment is large, it requires long-term finance. It decides to raise funds by issuing equity shares. The issue of equity shares involves huge floatation cost. To meet the expenses of floatation cost the company decides to tap the money market. (a) Name the money-market instrument the company can use for the above purpose. (b) What is the duration for which the company can get funds through this instrument ? (c) State any other purpose for which this instrument can be used.

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