πŸ“Š Banking and Finance 2
Q. Which among the following is/are correct regarding Call Money?
  • (A) It is the money lent/borrowed for maximum period of 14 days
  • (B) No Collateral is required in Call Money transaction
  • (C) It is the money lent/borrowed for maximum period of 30 days
  • (D) Banks borrow primarily from the inter-bank (call money) market
πŸ’¬ Discuss
βœ… Correct Answer: (A) It is the money lent/borrowed for maximum period of 14 days

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