ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Banks
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Financial institutions.
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RBI
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Stock Exchange
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Detailed explanation-1: -The Reserve Bank of India is India’s central banking institution, which controls the monetary policy of the Indian rupee. RBI is not a part of capital market.
Detailed explanation-2: -The Reserve Bank regulates financial markets within the overarching statutory framework of the Reserve Bank of India Act, 1934, the Government Securities Act, 2006, Foreign Exchange Management Act, 1999, the Bilateral Netting of Qualified Financial Contracts Act, 2020 and the Payment and Settlement Systems Act, 2007.
Detailed explanation-3: -Capital markets generally comprise the bond market and the stock market.
Detailed explanation-4: -Treasury bill and commercial paper are the instruments of money market not capital market.