36. What is the maximum investment period for investing in liquid funds in India?
a) 7 days
b) 14 days
c) 30 days
d) No lock-in period
37. Which of the following is not a component of M1 money supply in India?
a) Currency in circulation
b) Demand deposits
c) Time deposits
d) Other deposits with RBI
38. Which of the following is not a feature of commercial papers?
a) High liquidity
b) Low risk
c) Variable interest rate
d) Short maturity period
39. What is the tenure of the reverse repo rate in India?
a) 7 days
b) 14 days
c) 30 days
d) On a daily basis
40. Which organization approves the issuance of commercial papers 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)
