Question
FIMMDA is a voluntary market body for bond and money
markets, with members representing all major institutional segments of the market. What does FIMMDA stand for?Solution
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 4, 1998. FIMMDA is a voluntary market body for the Fixed Income, bonds, Money and Derivatives Markets. FIMMDA has members representing all major institutional segments of the market.
Pilgrims visit the shrine throughout the year but influx has great during festival days.
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