Economy, asked by smallgrd, 1 year ago

what is call money ?

Answers

Answered by pranjal3893

2

Call money is minimum 5% short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to fortnight. It is used for inter-bank transactions. The money that is lent for one day in this market is known as "call money" and, if it exceeds one day, is referred to as "notice money.

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