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Question
It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.
It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.
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Solution
The correct option is C Call money
Answer (c) Call money
Explanation: Call money is any sort of short-term, interest acquiring monetary credit that the borrower needs to take care of quickly at whatever point the bank requests it. Call money permits banks to procure revenue or interest, known as the call loan rate, on their excess or surplus assets. Call money is commonly utilised by financier firms and brokerage firms for transient funding needs.
Call money
Answer (c) Call money
Explanation: Call money is any sort of short-term, interest acquiring monetary credit that the borrower needs to take care of quickly at whatever point the bank requests it. Call money permits banks to procure revenue or interest, known as the call loan rate, on their excess or surplus assets. Call money is commonly utilised by financier firms and brokerage firms for transient funding needs.
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