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


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