Indian Money Market – Structure and Features

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16. Which of the following is not a part of the money supply in India?

a) M1

b) M2

c) M3

d) M4

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17. Which of the following is not a money market mutual fund in India?

a) Liquid funds

b) Ultra-short duration funds

c) Equity funds

d) Overnight funds

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18. Which organization is responsible for regulating and supervising the functioning of NBFCs in the Indian money market?

a) Reserve Bank of India (RBI)

b) Securities and Exchange Board of India (SEBI)

c) National Stock Exchange (NSE)

d) Insurance Regulatory and Development Authority of India (IRDAI)

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19. Which of the following is not a money market instrument in India?

a) Commercial bill

b) Treasury bill

c) Debenture

d) Commercial paper

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20. What is the tenure of the repo rate in India?

a) 7 days

b) 14 days

c) 30 days

d) 90 days

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