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Question

Match the following:

A) Credit Risk Agency P) RBI

B) Inflation Management Q) SEBI

C) Supervision of RRBs R) Fitch

D) Money Market Mutual Funds S) NABARD

A A-P, B-S, C-R, D-Q Correct Answer Incorrect Answer
B A-R, B-P, C-S, D-Q Correct Answer Incorrect Answer
C A-R, B-S, C-Q, D-P Correct Answer Incorrect Answer
D A-Q, B-R, C-P, D-S Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

A mutual fund that invests only in money markets such as commercial papers, commercial bills, and treasury bills certificate of deposit and other instruments specified by RBI. These funds have a minimum lock-in period of 15 days. Till recently, the RBI regulated money market funds but they now come under SEBI. RBI is regulating the entire banking system - All the banks (Public sector, Private sector and RRBs) in India. NABARD is responsible for the overall Supervision and Inspection of the RRBs in India.

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