MCQOPTIONS
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| 1. |
Consider the following statements in regard to money market in India :(1) It is a market for short-term and long-term funds with maturity ranging from overnight to one year.(2) It acts as an instrument of liquidity adjustment for the Central Bank.Which of the statements given above is/are correct? |
| A. | 1 only |
| B. | 2 only |
| C. | Both 1 and 2 |
| D. | Neither 1 nor 2 |
| Answer» C. Both 1 and 2 | |