MCQOPTIONS
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| 1. |
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 |
| Answer» B. No Collateral is required in Call Money transaction | |