21. What is the primary objective of the Indian money market?
a) To facilitate long-term borrowing and lending
b) To regulate the stock market
c) To promote export-import activities
d) To facilitate short-term borrowing and lending
22. Which of the following is not a feature of treasury bills?
a) High liquidity
b) Low risk
c) Fixed interest rate
d) Short maturity period
23. Which organization issues the certificate of deposits in the Indian money market?
a) Reserve Bank of India (RBI)
b) Commercial banks
c) Insurance companies
d) Stock exchanges
24. What is the minimum investment amount required for investing in money market mutual funds in India?
a) Rs. 1,000
b) Rs. 10,000
c) Rs. 1 lakh
d) Rs. 10 lakh
25. Which of the following is not a risk associated with investing in the Indian money market?
a) Credit risk
b) Liquidity risk
c) Market risk
d) Regulatory risk
