16. Which of the following is not a tool used by the RBI for regulating the money market?
a) Cash reserve ratio (CRR)
b) Open market operations (OMOs)
c) Foreign exchange reserves
d) Statutory liquidity ratio (SLR)
17. Money market mutual funds (MMMFs) are regulated by:
a) Ministry of Finance
c) Securities and Exchange Board of India (SEBI)
d) Insurance Regulatory and Development Authority (IRDAI)
18. Commercial papers have a maximum maturity period of:
a) 7 days
b) 30 days
c) 90 days
d) 365 days
19. The Cash Reserve Ratio (CRR) is the percentage of a bank’s _________ that must be maintained with the RBI.
a) Net demand and time liabilities
b) Net profit
c) Capital reserves
d) Fixed assets
20. Open market operations (OMOs) involve the purchase and sale of __________ by the RBI.
a) Gold
b) Government securities
c) Corporate bonds
d) Foreign currencies
