The money market can be tapped by the scheduled commercial banks except the regional rural banks, cooperative banks, primary dealers etc. The funds raised are mainly used to address the mismatch of funds. The money market is used for short term loans and trading and that is why the risk factor is very low here with the returns also being vey less. The participants in this market need to maintain a current account with RBI because of the short duration of trading in this market.
Which Indian state recently passed the 'Aparajita' anti-rape bill amidst political debates?
Which of the following qualifications is required to contest the election of the President of India?
I. He or she must be born outside India.
...Which country became India's top trading partner in the financial year 2023-24 according to recent reports?
Which team emerged as the winners of the 13th Hockey India Sub Junior Women National Championship 2023?
Who will be named the pro tem speaker of the 18th Lok Sabha?
Which organization has launched an initiative for global tsunami preparedness by 2030?
Indian-American astronaut Sunita Williams flew to space for the third time with the cooperation of which organization?
The Securities and Exchange Board of India (SEBI) officially has the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE). ...
What is the importance of developing Chabahar Port by India?
Consider the statements about Kapdaganda shawl:
1. Recently it bagged the Geographical Indication (GI) tag.
2. This GI tag is valid for 10...
