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Which of the following money market instrument(s) of money market provides liquidity to Govt and banks?
T-bills
Certificate of deposit (CD)
Bonds
Zero Coupon Bonds
All of the above
A certificate of deposit (CD) can be issued by the Reserve Bank of India (RBI), scheduled commercial banks, regional rural banks, small finance banks & all India Financial Institutions.
By: Vikas Goyal ProfileResourcesReport error
pritisha rath
T-bills are issued only by RBI on behalf of CG, no other commercial banks can issue. Please re-validate the solution.
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