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Commerce · Q341

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 341

Q341

With reference to Indian Money Market, arrange the following events in chronological order- 1. Establishment of Discount and Finance House of India Limited (DFHL) 2. Establishment of Securities Trading Corporation of India (STCI) 3. Introduction of Certificate of Deposit 4. Introduction of Repurchase Agreement (Repo) by R.B.I. Select the correct answer

A.
1, 3, 4, 2
Answer
B.
1, 2, 3, 4
C.
4, 2, 3, 1
D.
2, 4, 1, 3

Answer: Option A

Solution

Answer: Option A
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