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What is the primary function of the Money Market Mutual Funds (MMMFs) in the Indian money market?
  • a)
    Issuing Treasury Bills
  • b)
    Regulating commercial banks
  • c)
    Providing short-term investment options to individual investors
  • d)
    Managing foreign exchange reserves
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary function of the Money Market Mutual Funds (MMMFs) ...
The primary function of Money Market Mutual Funds (MMMFs) in the Indian money market is to provide short-term investment options to individual investors. They invest in a variety of money market instruments on behalf of investors.
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What is the primary function of the Money Market Mutual Funds (MMMFs) in the Indian money market?a)Issuing Treasury Billsb)Regulating commercial banksc)Providing short-term investment options to individual investorsd)Managing foreign exchange reservesCorrect answer is option 'C'. Can you explain this answer?
Question Description
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