Which of the Following Statements Is Not True with Regard

question 44

Multiple Choice

Which of the following statements is not true with regard to Call money?

• A)It is short-term finance repayable on demand.
• B)Its maturity period ranges from one day to fifteen days.
• C)There is a direct relationship between call rates and other short-term money market instruments.
• D)It is used for inter-bank transactions.

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