Which of the following is not a feature of Indian call money market?
IBPS · 2021
Which of the following is not a feature of Indian call money market?
- A.
The call money market is highly sensitive and competitive market
- B.
Mainly the banks participate in the call money market.
- C.
Call money market provides the institutional arrangement for making the temporary surplus of some banks available to other banks which are temporary in short of funds.
- D.
The rate of interest in the call money market is highly stable.
- E.
None of the above
Show answer
Correct answer: D
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