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Overview of Indian Money Market
1
2
3
4
5
1.
Which among the following is/are correct regarding Money Market?
Money Market is a market for short-term funds
Maturity in this market ranging from overnight to one year
The basic function of money market is to provide efficient liquidity position
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 a maximum period of 30 days [C] It is the money lent/borrowed for a maximum period of 45 days [D] Banks borrow primarily from customers
No collateral is required in Call Money transaction
It is the money lent/borrowed for a maximum period of 30 days
It is the money lent/borrowed for a maximum period of 45 days
Banks borrow primarily from customers
3.
What is the maximum duration for which term money can be lent/borrowed?
1 day
15 days
30 days
1 year
4.
What is the minimum duration for which term money can be lent/borrowed?
1 day
15 days
30 days
1 year
5.
How many Scheduled Commercial Banks are there in India?
13
15
12
16
Submit Test
These questions are part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.
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