Question
Call money is valid forĀ
Solution
Call money Ā is minimum 5% short-termĀ financeĀ repayable on demand, with aĀ maturity periodĀ of one to fourteen days or overnight to fortnight. It is used for inter-bank transactions. The money that is lent for one day in this market is known as "call money" and, if it exceeds one day, is referred to as "notice money."
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