1. Which of the following is not a part of India's Money market?
a) Banks
b) Bill Markets
c) Call Money Market
d) Indian Gold Council
Answers
Answered by
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Answer:
d) Indian Gold Council is not a part of India's Money Market.
Answered by
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Answer:
d) Indian Gold Council is not a part of India's money market.
Explanation:
- The Indian Money Market does not include the Indian Gold Council.
- The money market in India is the place to buy and sell short- and long-term investments with maturities ranging from overnight to one year, as well as financial products that are thought of as close substitutes for cash.
- Governments (both Central and State) are included in the organised market, along with Discount and Finance House of India (DFHI), Mutual Funds, Corporate, Commercial, and Cooperative Banks, Public Sector Undertakings (PSUs), Insurance Companies, and Financial Institutions (NBFCs).
- Short-term Treasury securities, such as T-bills, certificates of deposit (CDs), commercial paper, and repurchase agreements (repos), as well as money market mutual funds that invest in these assets, make up the money market.
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