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      Question

      In the Indian inter-bank market, funds placed for

      periods in excess of 14 days but not exceeding 1 year are known as:
      A Call Money Correct Answer Incorrect Answer
      B Notice Money Correct Answer Incorrect Answer
      C Term Money Correct Answer Incorrect Answer
      D Commercial Paper Correct Answer Incorrect Answer
      E Bonds Correct Answer Incorrect Answer

      Solution

      Term money refers to funds placed in the Indian inter-bank market for periods exceeding 14 days and up to 1 year. Unlike call money (overnight) or notice money (2–14 days), term money allows banks and financial institutions to manage liquidity over a longer duration.

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