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Question

General Knowledge Question on Economy

The Mumbai Interbank Bid Rate (MIBID) and the Mumbai Interbank Offer Rate (MIBOR) are yardsticks that control which of the following financial markets?

A

FOREX markets

B

Commodities markets

C

Derivatives market

D

Insurance market

E

Call Money market

Answer

Call Money market

Explanation

Solution

The correct option is (E): Call Money market.