Question
Which of the following is incorrect about FIMMDA (Fixed Income Money Market and Derivatives Association of India)?
Which of the following is incorrect about FIMMDA (Fixed Income Money Market and Derivatives Association of India)?
i. It is created under FIMMDA Act 1982 to interface with market regulators
ii. Its members include Public Sector Banks, Private Sector, Foreign Banks and Primary Dealers.
iii. FIMMDA also deals with legal and accounting norms, documentation and Valuation methodologies of the instruments
More Finance Questions
- The D-SIBs banks are classified into _______ buckets.
- RBI recently noticed misleading advertisements of unauthorised Electronic Trading Platforms (ETPs) offering forex trading facilities to Indian residents, i...
- The most active segment of the Money Market in India is which one of the following?
- What does S stands for in Real Time Gross ____ (RTGS)?
- Bank rate as fixed by RBI means -
- If a bond is issued when prevailing interest rates are 8% at Rs.1,000 par value with a 8% annual coupon. Which of the following is NOT correct?
- The process by which market participants try to find an equilibrium price?
- Which Act primarily governs the incorporation and functioning of companies in India?
- RBI recently imposed several restrictions on Indian Mercantile Cooperative Bank Ltd. including a cap of Rs 1 lakh on withdrawals. The Indian Mercantile Coo...
- Which type of accounting uses Generally Accepted Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)