ANSWERS to Check Your Progress 1

1. Two unorganised sectors of Indian Money Market are:2. Indigenous Bankers       3. Money Lenders

ANSWERS to Check Your Progress 2

1. Three types of Government Securities are:2. Dated Securities3. Zero Coupon Bonds4. Partly Paid Stock

ANSWERS to Check Your Progress 3A.Four types of Treasury Bills are:i.  14-day Tbill maturity is in 14 days.ii. 91-day Tbill maturity is in 91 days.iii. 182-day Tbill maturity is in 182 days.

1. 364-day Tbill maturity is in 354 days.

ANSWERS to Check Your Progress 4

1. Four defects of Indian Money Market are:2. Lack of integration3. Lack of rational interest rates structure4. Existence of Unorganised Money Market5. Inadequate banking facility

ANSWERS to Check Your Progress 5

1. Five measures to improve the Indian Money Market are:2. Introducing new money market instrument

      ii. Relaxation of interest rate regulationsiii. Remitting the stamp dutiesiv. Sector specific refinance v. Introduction of repo