Multiple choice

The apex body of Indian money market is

  1. SBI

  2. CBI

  3. RBI

  4. CID
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

RBI (Reserve Bank of India) is the apex body of Indian money market and central bank. It regulates money market instruments, controls liquidity, and sets monetary policy. SBI is a commercial bank, CBI is a law enforcement agency, and CID is a criminal investigation department - none of these are money market regulators.

Keep practicing — related questions