Banking General Awareness Money Market and Capital Market Question Bank Money Market In India

  • question_answer
    What is term money?

    A) It is an overnight loan in the money market

    B) It is a loan of above 1 day to 14 days in the money market.

    C) It is a loan of above 14 days to 364 days in the money market.

    D) It is a loan provided on certain terms and conditions by bank to its customer.

    E) None of these

    Correct Answer: C


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