Multiple choice

The money market in our country consists of two sectors viz - the organised sector and the unorganised sector. Which of the following do not fall under the organised sector?

  1. Reserve Bank of India, State Bank of India and Commercial Banks

  2. Life Insurance Corporation of India and Geneal Insurance Corporation

  3. Unit Trust of India

  4. Indigenous bankers

  5. Regional Rural Banks

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Correct answer - They belong to unorganised sector and are not governed by any set of guidelines