Question : It is an instrument of short term borrowings issued by Reserve Bank of India on behalf of Indian government. Which money market instrument is highlighted in the given statement?
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Call money
Option 4: Commercial bill
Correct Answer: Treasury bill
Solution : A treasury bill is an instrument of short term borrowings issued by the Reserve Bank of India on behalf of Indian government.They are also known as zero coupon bonds.
Hence, option A is correct.
Question : Which of the following institutions regulates and supervises the functioning of commercial banks in India?
Question : When the President of India keeps a bill (except a money bill and constitutional amendment bill) pending for an indefinite period, it is called __________.
Question : Which country is a key neighbor of India with which it has significant bilateral relations?
Question : Statement 1: The Consumer Protection Act 1986 is significant legislation in India.
Statement 2: It aims to protect the interests and rights of consumers.
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