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    Question

    What is the duration associated with "Notice Money" in

    the financial markets?
    A 2 - 7 days Correct Answer Incorrect Answer
    B 2 - 10 days Correct Answer Incorrect Answer
    C 2 - 14 days Correct Answer Incorrect Answer
    D 2 - 18 days Correct Answer Incorrect Answer

    Solution

    "Notice Money" refers to funds borrowed or lent for a period ranging from 2 to 14 days. "Call Money" deals with overnight funds, and "Term Money" refers to borrowing or lending for periods exceeding 14 days.

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