Economics · Financial System and Monetary Policy
Which of the following statements is/are correct? 1. The Weighted Average Call Rate (WACR) serves as the operating target for monetary policy in India. 2. In the Indian financial system, a mutual fund is structured as a three-tier entity comprising a Sponsor, a Trust, and an Asset Management Company (AMC). 3. According to SEBI's mutual fund categorization, Large-cap stocks are those ranked from 101 to 250 by market capitalization.
- 11, 2 and 3
- 22 and 3 only
- 31 and 2 only✓
- 41 and 3 only
Correct answer
1 and 2 only
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