Banking and Financial Market MCQ | 60 Free MCQs

51. Money market is a market for ……………. .
a. Short term funds
b. medium term funds
c. long term funds
d. all of the above

52. The commercial bills are rediscounted by ……………. .
a. Indigenous bankers
b. money lenders
c. SIDBI
d. all of the above

53. The organized sector of the Indian money market does not include ………………. .
a. Treasury bills
b. chit funds
c. mutual funds
d. DFHI

54. The clearing corporation of India does not deal with ……………. .
a. Government securities
b. mutual funds
c. certificate of deposits
d. indigenous bankers

55. ………………. is the apex of the Indian money market.
a. World bank
b. UTI
c. RBI
d. GIC

56. …………. are issued by commercial banks.
a. Certificate of deposits
b. commercial bills
c. commercial papers
d. treasury bills

57. Capital market reforms do not include …………….
a. Screen based trading
b. deregulation of interest rates
c. depository system
d. rolling settlement

58. Government securities market is also known as …………..
a. Industrial securities market
b. development of financial institutions
c. Gilt-edge market
d. all of the above

Answer: 51)Short term funds 52)SIDBI 53)chit funds 54)indigenous bankers 55)RBI 56)Certificate of deposits 57)deregulation of interest rates 58)Gilt-edge market

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