53-Indian Money Market - Structure and Features

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1).
Which among the following is/are correct regarding Money Market?
2).
Which among the following is/are correct regarding Call Money?
3).
What is the maximum duration for which term money can be lent/borrowed?
4).
What is the minimum duration for which term money can be lent/borrowed?
5).
How many Scheduled Commercial Banks are there in India?
6).
Which among the following surveys is not conducted by Reserve Bank of India?
7).
Who is the issuing authority of coins in India?
8).
Which act governs the minting of coins in India?
9).
How many government coin mints are there in India?
10).
Coins upto what amount are called ‘small coins’ in India?
1. Which among the following is/are correct regarding Money Market?
[A] Money Market is a market for short-term funds
[B] Maturity in this market ranging from overnight to one year
[C] The basic function of money market is to provide efficient liquidity position
[D] All of the above
2. Which among the following is/are correct regarding Call Money?
[A] No Collateral is required in Call Money transaction
[B] It is the money lent/borrowed for maximum period of 30 days
[C] It is the money lent/borrowed for maximum period of 45 days
[D] Banks borrow primarily from customers
3. What is the maximum duration for which term money can be lent/borrowed?
[A] 1 day
[B] 15 days
[C] 30 days
[D] 1 year
4. What is the minimum duration for which term money can be lent/borrowed?
[A] 1 day
[B] 15 days
[C] 30 days
[D] 1 year
5. How many Scheduled Commercial Banks are there in India?
[A] 81
[B] 89
[C] 93
[D] 97
6. Which among the following surveys is not conducted by Reserve Bank of India?
[A] Consumer Confidence Survey (CCS)
[B] Inflation Expectations Survey of Households (IESH)
[C] Survey of Professional Forecasters on Macroeconomic Indicators
[D] Annual Survey of Industries
7. Who is the issuing authority of coins in India?
[A] Reserve Bank of India
[B] Government of India
[C] Ministry of Finance
[D] Both 1 and 2
8. Which act governs the minting of coins in India?
[A] Indian Coinage Act, 1906
[B] Indian Rupee Act, 1996
[C] Indian Denomination Act, 1972
[D] All of these
9. How many government coin mints are there in India?
[A] 2
[B] 3
[C] 4
[D] 5
10. Coins upto what amount are called ‘small coins’ in India?
[A] 25 paise
[B] 50 paise
[C] 1 rupee
[D] 2 rupee
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