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Which is a major participant in the money market?

AComptroller General
BReserve Bank of India
CRegistrar of Companies
DElection Commission
Answer & Solution
Correct answer: B. Reserve Bank of India
1. Commercial banks and mutual funds also take part. 2. State governments and large firms join in. 3. The central bank is a major participant. _Source: NCERT Class 12 Business Studies Part II, Chapter 10, Financial Markets._
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