state gov Kerala PSC Degree (Common Preliminary Examination) Mock Test Series 2025 General Knowledge Economy Money and Banking
Consider the following statements:
Statement–I: The Money Market deals with short-term financial instruments with a maturity of up to 1 year.
Statement–II: The Money Market is regulated by the Securities and Exchange Board of India (SEBI).
Which one of the following is correct in respect of the above statements?
1
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
2
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
3
Statement-I is correct, but Statement-II is incorrect
4
Statement-I is incorrect, but Statement-II is correct