2011 · Q44
Which one among the following is not an institution of Indian Money Market?
indian-polity-economybanking-economy
- AReserve Bank of India
- BBill Brokers
- CMerchant Bankers
- DNon-Banking Financial Intermediaries
Explanation
RBI, bill brokers and merchant bankers operate in the money market; non-banking financial intermediaries belong to the capital/financial market, not the money market.