Which of the following is NOT a component of the money market in India? MCQ with Answer and Explanation

Which of the following is NOT a component of the money market in India?
A. Commercial Paper
B. Certificate of Deposit
C. Equity shares
D. Treasury Bills
Answer: Option C
Solution (By JKSSB Mock Tests)
Equity shares are long-term instruments and form part of the capital market. Money market instruments include Treasury Bills, Commercial Paper, Certificates of Deposit and call money.

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Practice More Economy Set 1 Questions

Question #1
The 'Goods and Services Tax' on R&D services is:
A. 5%
B. 28%
C. 12%
D. 18%

Correct Answer: Option D


Explanation:
Research and development services attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' on entertainment events is:
A. 18%
B. 28%
C. 5%
D. 12%

Correct Answer: Option A


Explanation:
Entertainment events generally attract 18% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
Which of the following is a characteristic of the 'Just Energy Transition Partnerships'?
A. International partnerships that provide financial and technical support to developing countries for a just and equitable transition away from coal and other fossil fuels
B. Only rapid phase-outs without social safeguards
C. Only domestic energy policies without international support
D. Only private-sector initiatives without public finance

Correct Answer: Option A


Explanation:
Just Energy Transition Partnerships are collaborative arrangements in which developed countries and international institutions mobilise finance and expertise to support developing countries in transitioning away from coal while protecting affected workers and communities.

This question belongs to: Economy GK Economy Set 1