41. Who issues the commercial bill in the Indian money market?
a) Commercial banks
b) State governments
c) Corporates
d) Non-banking financial companies (NBFCs)
42. Which organization supervises the functioning of stock exchanges 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)
43. What is the minimum investment maturity period for investing in money market mutual funds in India?
a) 7 days
b) 14 days
c) 30 days
d) 90 days
44. Which of the following is not an advantage of investing in the Indian money market?
a) High liquidity
b) Low risk
c) Stable returns
d) High capital appreciation
45. What is the main objective of the call money market in India?
a) To provide short-term funds for banks
b) To promote foreign direct investment
c) To facilitate long-term borrowing and lending
d) To regulate the functioning of mutual funds
