Question
What is the duration associated with "Notice Money" in
the financial markets?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.
More Economics Questions
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
(100.01% of 44.89) ÷ 14.98 = √? - √48.98
?2 - 12.5% of 647.99 = 24.98% × 363.97 + 5% of 1059.98Â
1131.98 + ? – 1125.04 = 1364.93 – 1168.01
(1331)1/3 x 10.11 x 7.97 ÷ 16.32 =? + 15.022
?² x
