Banking General Awareness Banking Regulation System of India Question Bank Banking Regulation System of India

  • question_answer
    Many times we read a term 'Hot Money' in newspapers. What is/are the characteristics of Hot Money?
    I. The term is used for fresh currency notes issued by the RBI.
    II. It is the fund which flows in the market to take advantage of high interest rates.
    III. It is the fund which is thrown in the market to create imbalance in the stock markets.
    Select the correct answer using the codes given below

    A)  Only I                         

    B)  Only II

    C)  Only III                       

    D)  All of these

    E)  None of these

    Correct Answer: B


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