Consider the following statements with respect to the Indian Money Markets (i) In India, the privatization accounts for catering to the majority of the financial demands (ii) Inter – Bank Market involves transactions between banks for creating financial equilibrium (iii) Most of these exchanges take place considering floating interest rates. Which of the above statements are TRUE?

Consider the following statements with
respect to the Indian Money Markets
(i) In India, the privatization accounts
for catering to the majority of the
financial demands
(ii) Inter – Bank Market involves
transactions between banks for
creating financial equilibrium
(iii) Most of these exchanges take
place considering floating interest
rates.
Which of the above statements are
TRUE?

1). (i) & (ii)
2). (ii) & (iii)
3). (i) & (iii)
4). (i), (ii) & (iii)

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