Question
FIMMDA is a voluntary market body for the bond, money,
and derivatives markets, with members representing all major institutional segments. What does FIMMDA stand for?Solution
FIMMDA stands for Fixed Income Money Market and Derivatives Association of India. • It is an association comprising Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers, and Insurance Companies. • Incorporated on May 4, 1998 under Section 25 of the Companies Act, 1956, it serves as a voluntary market body. • Its primary role is to develop and regulate practices in the fixed income, bonds, money market, and derivatives market segments. • FIMMDA also issues guidelines, standardizes documentation, and provides a platform for discussion among key market participants.
The failure to protect minority rights (A) could have grave (B) consequences in a majoritarian (C) political dispensasion (D) .
...Select the most appropriate option to fill in the blank.
Social isolation, overcrowding, the_____of our society and several other factors are
...Select the most appropriate meaning of the given idiom.
Pipe dream
Select the most appropriate synonym of the given word.
DETAIN
The quality of being honest and having strong moral principles.
Mr Adams faces the immense (A) challenge of pulling the city out of the pandemic (B) , taking office as the city is grapling (C) with record numbers of...
Select the most appropriate synonym of the given word.
RAPT
The Chairman is quite (A) / quiet (B) satisfied with the work carried out by the foundation.
With her performance deteriorating, she would need m...
A man whose wife is dead
Each of the following questions consists of two words which have a relationship to each other. This is followed by four pairs of related words. Choose ...
Relevant for Exams:
