JAIIB · IEIFS · Chapter 2

Money Markets and Capital Markets

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.

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One-liners from this chapter

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Q

In the Indian money market, what instrument is used by banks to borrow or lend funds overnight?

A

Call Money is used for overnight borrowing and lending between banks in the Indian money market.

Q

What is the precise tenor of 'Call Money' in the Indian interbank market?

A

Exactly 1 day (overnight)

Q

What is the primary distinction between the money market and the capital market?

A

The money market deals with short-term funds (up to one year), while the capital market deals with long-term funds for investment in fixed assets.

Q

What is the tenor range for 'Notice Money' in the Indian money market?

A

2 days to 14 days

Q

Which regulatory authority oversees the money market in India?

A

The Reserve Bank of India (RBI) regulates and oversees the money market in India.

Q

What is the tenor range for 'Term Money' in the Indian interbank market?

A

More than 14 days up to one year

Q

What are Treasury Bills (T-Bills) and who issues them in India?

A

Treasury Bills are short-term government securities issued by the Government of India through the RBI to meet its short-term fund requirements.

Q

If a bank lends funds to another bank for exactly 15 days, which money market category does this fall under?

A

Term money (exceeds 14 days)

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