Consider the following: 1. Exchange-Traded Funds (ETF) 2. Motor vehicles 3. Currency swap Which of the above is/are considered financial instruments?

examrobotsa's picture
Q: 86 (IAS/2024)
Consider the following:
1. Exchange-Traded Funds (ETF)
2. Motor vehicles
3. Currency swap
Which of the above is/are considered financial instruments?

question_subject: 

Economics

question_exam: 

IAS

Exchange-Traded Funds (ETFs) and currency swaps are financial instruments because they involve the management and trading of financial assets. Motor vehicles are not financial instruments as they are tangible assets, not involved directly in financial markets or transactions.