41. Commercial papers are generally issued in the denominations of:
a) Rs. 1 crore or more
b) Rs. 5 lakhs or more
c) Rs. 10 lakhs or more
d) Rs. 50 lakhs or more
42. What is the current cash reserve ratio (CRR) in India?
a) 3%
b) 4%
c) 5%
d) 6%
43. The Reserve Bank of India regulates money market instruments issued by:
a) Banks
b) Corporates
c) Non-banking financial companies (NBFCs)
d) All of the above
44. What is the main objective of the primary market in money market instruments?
a) To provide liquidity to investors
b) To facilitate price discovery
c) To raise funds for issuers
d) To encourage short-term trading
45. The yield on treasury bills is determined through:
a) Auctions conducted by the RBI
b) Negotiations between buyers and sellers
c) Price discovery on stock exchanges
d) None of the above
