GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Fixed Income Money Markets & Derivatives Affiliation
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Fixed Income Money Markets & Derivatives Association
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Foreign Income Money Markets & Derivatives Association
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Floating Income Money Markets & Derivatives Association
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Detailed explanation-1: -FIMMDA stands for The Fixed Income Money Market and Derivatives Association of India (FIMMDA). It is an Association of Commercial Banks, Financial Institutions and Primary Dealers. FIMMDA is a voluntary market body for the bond, Money And Derivatives Markets.
Detailed explanation-2: -Our Address. 2nd Floor, UNITED INDIA BUILDING, Next to RBI Amar Bldg Monetary Museum, Sir P.M. Road, Fort, Mumbai 400 001.
Detailed explanation-3: -The Fixed Income Money Market and Derivatives Association of India (FIMMDA), an association of Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers and Insurance Companies was incorporated as a Company under section 25 of the Companies Act, 1956 on May 4th, 1998.
Detailed explanation-4: -The CP can be issued for a period not less than 15 days and not exceeding one year from the date of issue 4. Minimum denomination/marketable lot for CP, whether in physical or dmat form will be Rs. 5 lac, and in multiples of Rs. 5 lacs thereof.