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Question

___________ is not a part of money market.

A
Mutual Fund
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B
RBI
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C
NBFC
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D
SEBI
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Solution

The correct option is C SEBI
SEBI is not a participant in money market. The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. In April 1988 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India.

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