77D



Dreyfus BASIC Money Market Funds, Inc. (the "Fund") may purchase securities
of other  investment  companies to the extent  permitted under the 1940 Act. The
Fund and The Dreyfus  Corporation  (the  "Manager")  have  received an exemptive
order from the Securities and Exchange  Commission,  which,  among other things,
permits the Fund to use cash collateral  received in connection with lending the
Fund's  securities and other  uninvested  cash to purchase shares of one or more
registered  money market funds  advised by the Manager in excess of  limitations
imposed by the 1940 Act. The Fund's  aggregate  investment  of  uninvested  cash
reserves in such money market  funds,  however,  may not exceed 25% of its total
assets.