Question

is also called as interbank
money market
0 Q​

Answer 1

Explanation:

The interbank call money market is a short-term money market which allows for large financial institutions, such as banks, mutual funds, and corporations, to borrow and lend money at interbank rates, the rate of interest that banks charge when they borrow funds from each other. The loans in the call money market are very short, usually lasting no longer than a week, and are often used to help banks meet reserve requirements.

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