Which of the following can participate as lenders only in call/notice money market for adjusting their cash reserve requirements?
Which of the following can participate as lenders only in call/notice money market for adjusting their cash reserve requirements?
[A]Life Insurance Corporation of India (LIC)
[B]Life Insurance Corporation of India (LIC)
[C]Unit Trust of India(UTI)
[D]All of the above
All of the above
In call/notice money market, Life Insurance Corporation of India (LIC), Unit Trust of India(UTI), National Bank for Agriculture and Rural Development (NABARD) can participate only as lenders.
Originally written on
May 30, 2015
and last modified on
May 30, 2015.