Nachiket Gharat Asked a Question
July 21, 2020 1:17 pmpts 30 pts
Which among the following is/are correct regarding call money? (1) (2) (3) (4) 60. It is the money lent/borrowed for maximum period of 14 days No collateral is required in call money transaction It is the money lent/borrowed for a maximum period of 30 days Banks borrow primarily from the interbank call money market (1). (2) and (4) (2), (3) and (4) (A) (C) (B) (D) (1). (2) and (3) All are correct ACNOrV
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  • Priya gulani thankyou
    option a
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  • रौनक
    The answer is 'A'
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    रौनक
    option 3 is incorrect..rest of all are correct
  • रौनक
    the answer is 'A' as for call money max period is 2-14 days
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  • रौनक
    Call money is minimum 5% short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to a fortnight. It is used for inter-bank transactions....
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  • Nachiket Gharat
    Call Money is the borrowing or lending of funds for 1day. If money is borrowed or lend for period between 2 days and 14 days it is known as Notice Money. 
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  • Priya gulani
    call money market includes notice money
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