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The money market primarily facilitates lending and borrowing of funds between banks and entities like Primary Dealers (PDs). Banks and PDs borrow and lend overnight or for the short period to meet their short term mismatches in fund positions. This borrowing and lending is on unsecured basis. · ‘Call Money’ is the borrowing or lending of funds for 1day. · Where money is borrowed or lend for period between 2 days and 14 days it is known as ‘Notice Money’. · ‘Term Money’ refers to borrowing/lending of funds for period exceeding 14 days but to 1 year More than 1 year is not a part of money market but capital market.
Which of the following statements about the current status of Indian manufacturing is/are correct?
1. Manufacturing contributes 17% of India's GD...
As per Union Budget 2023-24, what is the estimated increase in resources being transferred to the States over the Actuals of FY 2021-22?
The Reserve Bank of India (RBI) is extending the deadline for card-on-file (CoF) tokenisation till ____________.
BharatPe Group has acquired a ________ stake in Trillion Loans, a non-banking financial company (NBFC) & the company will operate as an independent en...
Which South American country adopted India's UPI system for instant digital payments?
What is the purpose of the International Purple Fest – Goa 2024?
Indian Army observed _____ Infantry day, on 27 October 2021 as a remembrance of the first military operations carried out by independent India when the ...
Who is the current Governor of the Reserve Bank of India (RBI)?
Grameen Udyami Project to augment skill training in tribal communities for their inclusive and sustainable growth is funded by _______?
Indian customers using credit, debit, and prepaid cards will be free to switch their card networks between Visa, MasterCard, RuPay, etc., and vice versa...