Top 50+ Solved Indian Money Market MCQ Questions Answer
Q. Which is not a type of cheque?
a. Mutilated Cheque
b. Stale Cheque
c. Crossed Cheque
d. Promissory Cheque
Q. Which is a type of crossing in a cheque?
a. Negotiable Crossing
b. Special Crossing
c. Level Crossing
d. Named Crossing
Q. Which of the following act defines a Cheque?
a. RBI Act 1934
b. Negotiable Instrument Act 1881
c. Banking Regulation Act 1949
d. Companies Act 2013
Q. Which among the following is/are correct regarding Money Market?
a. Money Market is a market for short-term funds.
b. Maturity in this market ranging from overnight to one year.
c. The basic function of money market is to provide efficient liquidity position for commercial banks, financial institution, Mutual funds, insurance companies, corporate et
d. Maturity in this market is above one year.
Q. Which among the following is/are correct regarding Call Money?
a. It is the money lent/borrowed for maximum period of 14 days
b. No Collateral is required in Call Money transaction
c. It is the money lent/borrowed for maximum period of 30 days
d. Banks borrow primarily from the inter-bank (call money) market
Q. What is the maximum duration for which term money can be lent/borrowed in money market?
a. 1 day
b. 15 days
c. 30 days
d. 1 year
Q. What is the minimum duration for which term money can be lent/borrowed in money market?
a. 1 day
b. 15 days
c. 30 days
d. 1 year