In India's call/notice money market, which of the following participants is allowed to trade?
Scheduled commercial banks, excluding Local Area Banks, are eligible participants in the call and notice money market. RBI directions also permit specified co-operative…
Choose your answer
In India's call/notice money market, which of the following participants is allowed to trade?
Answer and explanation
Correct answer C
Scheduled commercial banks, excluding Local Area Banks, are eligible participants in the call and notice money market. RBI directions also permit specified co-operative banks, payment banks, small finance banks, regional rural banks and primary dealers, so participation is not confined to commercial banks.
Practice for these exams
-
Gujarat SET (GSET)