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Commerce · Q402

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 402

Q402

Which of the following statement/s is/are reference to money markets? 1. Call money refers to borrowing/lending of funds on overnight basis. 2. Notice money refers to borrowing/lending of funds for a period exceeding 14 days.

A.
1 only
Answer
B.
2 only
C.
Both 1 and 2
D.
Neither 1 and 2

Answer: Option A

Solution

Answer: Option A
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