Read the following passage and answer the question.

Deepti's grandfather was unwell. He called Deepti and gave her a box containing cash and certain papers which were crumbled. He saw them carefully and found that these were share certificates. Deepti now wants to know the process through which she can trade in these shares. She also learnt about the trading procedure and got to know about SEBI as well. She told her friend Rekha, "SEBI regularly inspects the various elements of trading and also conducts the broker's enquiries. SEBI also promotes fair trade practices for investor protection. It also controls insider trading and impose penalties in case of such malpractices." She also told her friend about many instruments such as commercial papers or bills which are not traded on stock exchanges.

Which market instruments are discussed in the line?

"She also told her friend about many instruments such as commercial papers or bills which are not traded on stock exchanges."

Money market

The correct answer is option 2- Money market.

Money market instruments are discussed in the line.

Money Market is a market for short-term funds. It deals in monetary assets whose period of maturity is less than one year. The instruments of money market includes treasury bills, commercial paper, call money, Certificate of deposit, commercial bills, participation certificates and money market mutual funds.