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      Question

      Reverse repos with banks and other institutions having

      original tenors up to and inclusive of 14 days shall be classified under which item on the commercial banksтАЩ balance sheets
      A Advances Correct Answer Incorrect Answer
      B Borrowings Correct Answer Incorrect Answer
      C Money at call and short notice Correct Answer Incorrect Answer
      D Money Market Instruments Correct Answer Incorrect Answer
      E Call money Correct Answer Incorrect Answer

      Solution

      Reverse repos with banks and other institutions having original tenors up to and inclusive of 14 days shall be classified under item (ii) тАШMoney at call and short noticeтАЩ under Schedule 7 тАШBalances with banks and money at call and short noticeтАЩ Reverse repos with banks and other institutions having original tenors more than 14 days shall be classified under Schedule 9 тАУ тАШAdvancesтАЩ

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