Mains Paper II · 1 Indian Economy · 1.9 Financial markets

1.9.2 Money market instruments: call money, treasury bills, commercial paper and certificates of deposit

The money market trades short-term funds (up to one year) through call money, treasury bills, commercial paper and certificates of deposit, and RBI steers it through its liquidity operations.

  • APPSC Group 2 · Mains Paper II
  • Advanced level
  • 5 min read
  • Full course

Key terms

  • call money
  • notice money
  • term money
  • treasury bill
  • commercial paper
  • certificate of deposit
  • TREPS
  • repo
  • MIBOR
  • CCIL
  • FBIL

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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