Concept:The money market deals in short-term instruments, whereas the capital market deals in long-term securities.
Explanation:The money market is used for short-term borrowing, lending, and trading of liquid assets.
Treasury bills are short-term government securities issued in the money market.
Bills of exchange are short-term negotiable instruments used to finance trade.
Call money funds are short-term loans between banks and other financial institutions.
Stocks and shares, however, represent long-term ownership in a company, so they are traded in the capital market.
Since they are not short-term instruments, they do not belong to the money market.
Answer:C. Stocks and shares