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    Question

    What is the Full form of FIMMDA?

    A Financial Institutions for Money Market and derivatives Association of India Correct Answer Incorrect Answer
    B Financial Inclusion for Money Market and Derivatives Association of India Correct Answer Incorrect Answer
    C Fixed Income Money Market and Derivatives Association of India Correct Answer Incorrect Answer
    D Fixed Income Money Market and development Association of India Correct Answer Incorrect Answer
    E None of the above. Correct Answer Incorrect Answer

    Solution

    Fixed Income Money Market and Derivatives Association of India (FIMMDA) is an association of Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers and Insurance Companies in India representing the Market for the Bond, Money and Derivatives Products. It functions as the principal interface and works closely with the regulators, RBI, SEBI, Ministry of Finance, IRDA and other important domestic and International associations.

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