What is the full form of "FIMMDA"?
A. Fixed Income Money Market and Derivatives Association of India
B. Flat Investment on Market and Mutual Fund Deficit
C. Functional Investment on Market and Deficit Asset
D. Abbreviation is wrong
Answer: Option A
Solution (By Examveda Team)
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. It has 120 members as on date.This Question Belongs to Abbreviations >> Finance Abbreviations
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