Q. Which of the following statements is not true with regard to Call money?
  • (A) It is short-term finance repayable on demand.
  • (B) Its maturity period ranges from one day to fifteen days.
  • (C) There is a direct relationship between call rates and other short-term money market instruments.
  • (D) It is used for inter-bank transactions.
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✅ Correct Answer: (C) There is a direct relationship between call rates and other short-term money market instruments.

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