31. What is the role of mutual funds in the Indian money market?
a) They act as intermediaries for borrowing and lending funds
b) They provide long-term investment options
c) They regulate the functioning of commercial banks
d) They facilitate foreign exchange transactions
32. What is the current CRR (Cash Reserve Ratio) in India?
a) 2%
b) 3%
c) 4%
d) 5%
33. Which of the following is not a participant in the call money market?
a) Commercial banks
b) Non-banking financial companies (NBFCs)
c) Foreign institutional investors (FIIs)
d) Mutual funds
34. What is the tenure of the CBLO (Collateralized Borrowing and Lending Obligation) in India?
a) 7 days
b) 14 days
c) 30 days
d) 90 days
35. Which organization acts as a lender of last resort 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)
