Examveda
Examveda

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

B. 2 only

C. Both 1 and 2

D. Neither 1 and 2

Answer: Option A


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