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?

  1. A.

    The call money market is highly sensitive and competitive market

  2. B.

    Mainly the banks participate in the call money market.

  3. 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.

  4. D.

    The rate of interest in the call money market is highly stable.

  5. E.

    None of the above

Show answer

Correct answer: D

The worked solution is available to enrolled students.

Explore the full course: Sbi Clerk Mains

Loading lesson…