Question
In which year Money Market Mutual Funds (MMMFs) were
introduced in India?Solution
Money Market Mutual Funds (MMMFs) were introduced in India in April 1991 to provide an additional short term investment avenue to investors and to bring money market instruments within the reach of individuals. The guidelines for MMMFs were announced by the Reserve Bank in April 1992. The Reserve Bank had made several modifications in the scheme to make it more flexible and attractive to banks and financial institutions. These guidelines were subsequently incorporated into the revised SEBI regulations.
Which of the following uprisings is also known as the Ulgulan revolt?
Match List – I and List – 2 and select the correct answer by using the code given below the list.
Reserve Bank of India released the Third Edition of which of the following booklet that intends to provide basic financial literacy messages for the in...
Which is the first state in India to become fully organic?
Saina Nehwal is associated with which sport?
Which of the following Table Tennis World Championship events was held in India?
'NSE Prime', sometimes mentioned in news, denotes:
The 'Sugar Bowl of the World' is:
The liquid water present in oceans, lakes and rivers gets converted to the gaseous form in the presence of sunlight in the water cycle. This step is cal...
Which festival is celebrated in Telangana to honor tribal deities Sammakka and Saralamma? Â
Relevant for Exams:
