Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Finance Types of Financing Money Market
Which one of the following statements is not true about Indian Money Market?
1
Non-Banking Finance Companies (NBFCs) are financial institutions that constitute organised component of money market.
2
Money market mutual funds are allowed to sell units to corporates and individuals.
3
A Well-developed money market is essential for a modern economy.
4
In the Indian Money Market, the predominant place is enjoyed by government and semi-government securities.