Question

Which of the following pairs are correctly matched?
$1$. Treasury Bills - RBI
$2$. Interest Rate - Discount and Finance House of India
$3$. Call money rate - Commercial banks
$4$. Prudential norms - RBI
Select the correct answer using the codes given.

• A. $1,2,3$ and $4$
• B. $2$ and $4$
• C. $1,2$ and $3$
• D. $1,3$ and $4$

Answer 1

The correct option is D $1,3$ and $4$

Statements $\left(1\right),\left(3\right)$ and $\left(4\right)$ are correct and statement $\left(2\right)$ is not correct because that interest rates are determined by monetary policy by Reserve Bank of India.