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State with reasons whether you : agree or disagree with the following statements:Money market consist only unorganised sector in India. |
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Answer» No, I do not agree with this statement. Money market consist organized as well as unorganized sector in India. The organized sector of money market consist of the RBI, Commercial Banks Co-operative Banks, Development Financial Institutions (DFIs) and Discount and Finance House of India (DFHI) and the unorganized sector of money market consist of Indigenous Bankers. Money lenders and Unregulated Non-Bank Financial Intermediaries. |
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