Q957
Which of the following is not a part of India's Money Market?
A.
Banks
B.
Bill Markets
C.
Call Money Market
D.
Indian Gold Council
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Indian Gold Council is not a part of India's Money Market. The Money market in India is the money market for short-term and long-term funds with maturity ranging from overnight to one year in India including financial instruments that are deemed to be close substitutes of money.