New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Who can be the participants in the Call Money Market

    1.    Scheduled Commercial Banks (excl Local Area Banks) 2.    Small Finance Banks and Payment Banks 3.    Regional Rural Banks 4.    Cooperative Banks 5.    Primary dealers
    A 1, 4 and 5 only Correct Answer Incorrect Answer
    B 1, 3, 4 and 5 only Correct Answer Incorrect Answer
    C 1 and 5 only Correct Answer Incorrect Answer
    D 1 and 4 only Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    The following entities shall be eligible to participate in the Call, Notice and Term Money Markets, both as borrowers and lenders: ·         Scheduled Commercial Banks (excluding Local Area Banks); ·         Payment Banks; ·         Small Finance Banks; ·         Regional Rural Banks; ·         State Co-operative Banks, District Central Co-operative Banks and Urban Co-operative Banks (hereinafter Co-operative Banks); and ·         Primary Dealers.

    Practice Next

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