MCQOPTIONS
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| 1. |
Many times we read a term "Hot Money" in newspapers. What is/are the characteristics of Hot money? [UBOI 2008] [a] The term is used for fresh currency notes issued by the RBI. [b] It is the fund which flows in the market to take advantage of high interest rates. [c] It is the fund which is thrown in the market to create imbalance in the stock markets. |
| A. | Only [a] |
| B. | Only [b] |
| C. | Only [c] |
| D. | All [a], [b] & [c] |
| E. | None of these |
| Answer» C. Only [c] | |