Multiple choice

Which of the following is/are major player(s) in the Indian money market?

  1. Cooperative Banks

  2. Foreign Sector Banks

  3. Commercial Banks

  4. Reserve Bank of India
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Commercial Banks are the primary and most active participants in India's money market. They deal in short-term funds, lend and borrow money, trade in government securities, and facilitate money market instruments like treasury bills, commercial papers, and certificates of deposit. The RBI regulates rather than participates directly.

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