Examveda
Examveda

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

Answer: Option D

Solution(By Examveda Team)

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.

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