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

    Question

    Which of the following are not allowed to participate

    in call money market? i. Regional Rural Banks ii. Development Financial Institutions iii. Co-operative Banks iv. Authorised Dealers
    A Only i Correct Answer Incorrect Answer
    B Only i and ii Correct Answer Incorrect Answer
    C Only i and iv Correct Answer Incorrect Answer
    D Only ii and iii Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Scheduled Commercial Banks, Development Financial Institutions (DFI), Co-operative Banks (other than Land Development Bank) and Primary Dealers (PDs) are allowed to participate in call money market. Authorised dealers deal in foreign exchange.

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