Question

(5) Constituents in the organised money market in India
(a) Commercial banks
(b) Money lenders
(c) Traders
(d) Discount and Finance House of India
Options : (I) a and b
(2) a and
(3) a and d
(4) c and d
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Answer 1

Answer:

the answer to this question is 3) a and d :)

Answer 2

The constituents in the organised money market in India are commercial banks and Discount and Finance House of India.

• The money market in India includes the RBI Reserve Bank of India, the SBI State Bank of India, the commercial banks, the Life Insurance Corporation of India, the General Insurance Corporation of India and the Unit Trust Fund of India.

• The Indian money market also includes unstructured organisations such as private money lenders, indigenous banks, and the hundreds, etc.

The correct answer is (3)a and d