πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    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.

    Practice Next
    ask-question