GK
BANKING AWARENESS AND SEBI
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which of the following is not the part of organized sector of India Money Market?
|
|
Chit Funds
|
|
|
Mutual Funds
|
|
|
Reserve Bank of India
|
|
|
Non-Banking Financial Companies
|
Explanation:
Detailed explanation-1: -Mutual Funds is not a part of Money Market.
Detailed explanation-2: -Call Money market is the part of organized sector.
Detailed explanation-3: -Money markets include markets for such instruments as bank accounts, including term certificates of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements (repos).
There is 1 question to complete.