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 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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