The correct answer is D. Indian Gold Council.
The money market is a financial market where short-term debt instruments are bought and sold. It is a market for short-term loans, typically with maturities of less than one year. The money market is an important part of the financial system, as it provides a way for businesses and individuals to borrow money and invest money on a short-term basis.
Banks are financial institutions that accept deposits from customers and use those deposits to make loans. Banks are a key part of the money market, as they are the main providers of short-term loans.
Bill markets are markets where short-term debt instruments, such as treasury bills and commercial paper, are traded. Bill markets are an important part of the money market, as they provide a way for businesses and governments to raise short-term funds.
Call money markets are markets where banks lend money to each other on a short-term basis. Call money markets are an important part of the money market, as they provide a way for banks to manage their liquidity.
The Indian Gold Council is a non-profit organization that promotes the use of gold in India. The Indian Gold Council is not a part of the money market, as it is not a financial institution and does not trade in short-term debt instruments.