Match the column

Match List-I with List-II

List I Instruments	List II Market
A. Forwards	I. Primary Market
B. Certificate of Deposits	II. Money Market
C. FPO	III. Derivative Market
D. IPO	IV. Stock Market

Codes

Correct option is D

· A. Forwards (III): These are contracts to buy or sell an asset at a future date at a specified price. Forwards are part of the Derivative Market, as they derive their value from an underlying asset.
· B. Certificate of Deposits (II): These are short-term money market instruments issued by banks and financial institutions to manage liquidity, making them a part of the Money Market.
· C. FPO (IV): A Follow-On Public Offer refers to the issuance of additional shares by a company already listed on the stock exchange, which belongs to the Stock Market.
· D. IPO (I): An Initial Public Offer involves the issuance of new shares to the public for the first time through the Primary Market, which facilitates fundraising by companies.
Information Booster:
· Derivative Market: Includes instruments like forwards, futures, and options used for hedging or speculation.
· Money Market: Focuses on short-term debt instruments like treasury bills, commercial papers, and certificates of deposit.
· Stock Market: Provides trading opportunities for listed shares (secondary market) and additional share issuances (FPO).
· Primary Market: Involves the initial issuance of securities, such as IPOs, for raising fresh capital.