UGC NET
Nachiket Gharat Asked a Question
July 21, 2020 1:17 pmpts 30 pts
  • UGC NET
  • Commerce

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

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
  • 1 Answer(s)
Answer Now
  • 0 Likes
  • 6 Comments
  • Shares
  • Priya gulani thankyou
    option a
    • cropped1673035619432995983.jpg
    • cropped103517944140191065.jpg
    • cropped5616846519081096224.jpg
    Likes(0) Reply(0)
  • रौनक
    The answer is 'A'
    Likes(0) Reply(2)
    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
    Likes(0) Reply(0)
  • 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....
    Show more
    Likes(0) Reply(0)
  • 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. 
    Likes(0) Reply(0)
  • Priya gulani
    call money market includes notice money
    Likes(0) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari main Road Mahaveer Nagar II, Kota (Raj.) - 324005

Branch Office (Jaipur):
Shyam Tower, Plot No. F2, 6th Floor Amrapali Circle,
Vaishali Nagar, Jaipur, Rajasthan 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com