6. Which type of institution issues commercial paper in the Indian money market?
a) Central government
b) State governments
c) Corporates
d) Non-profit organizations
7. Which of the following is not a participant in the Indian money market?
a) Individuals
b) Banks
c) Insurance companies
d) Stockbrokers
8. What is the maximum maturity period of certificate of deposits in India?
a) 30 days
b) 90 days
c) 365 days
d) 5 years
9. Which rate is commonly used as a benchmark for short-term interest rates in the Indian money market?
a) Repo rate
b) Reverse repo rate
c) Bank rate
d) CRR rate
10. What is the primary objective of the Reserve Bank of India in relation to the Indian money market?
a) To ensure price stability
b) To regulate foreign exchange markets
c) To promote economic growth
d) To provide credit to the government
