question_answer

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