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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The organised component of money market in India consists of the following:
A
Reserve Bank of India and Commercial Banks
B
Commercial Banks and Cooperative Banks
C
Reserve Bank of India, Commercial Banks and Cooperative Banks
D
Only Reserve Bank of India
Explanation: 

Detailed explanation-1: -Structure of Indian Money Market: Organized and Unorganized sectors. The organized sector of the money market in India consists of the Reserve Bank of India, and commercial banks, and the companies lending money.

Detailed explanation-2: -The organised market comprises the RBI, the State Bank of India, commercial banks, the Life Insurance Corporation of India, the General Insurance Corporation of India, and the Unit Trust of India.

Detailed explanation-3: -Treasury bills or T-bills, which are organized money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenures, namely, 91 day, 182 day and 364 day. Treasury bills are zero-coupon securities and pay no interest.

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