ECONOMICS
FOREIGN CURRENCY MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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i and iv
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iii and iv
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i and ii
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None of the above
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Detailed explanation-1: -1 In India, commercial banks, co-operative banks, primary dealers (PDs), insurance companies, mutual funds (MFs), non-banking financial companies (NBFCs), corporates are permitted to participate in money markets.
Detailed explanation-2: -The Malaysian financial system is structured into two major categories, Financial Institutions and Financial Market. The Financial Institutions comprise Banking System and Non-bank Financial Intermediaries.
Detailed explanation-3: -Central Bank: The central bank of the country is the pivot around which the entire money market revolves. Commercial Banks: Non-bank Financial Intermediaries: Discount Houses and Bill Brokers: Acceptance Houses: Promissory Note: Bill of Exchange or Commercial Bills: Treasury Bill: More items