Question

What is the characteristic of call money in finance?

A Long-term loan with fixed maturity Correct Answer Incorrect Answer
B Minimum short-term loan with a maturity period of one to 14 days Correct Answer Incorrect Answer
C Loan exclusively used for government transactions Correct Answer Incorrect Answer
D Repayable only on annual demand Correct Answer Incorrect Answer
E Loan with a maturity period of one month to a year Correct Answer Incorrect Answer

Solution

In finance, call money is any minimum short-term loan repayable on demand, with a maturity period of one to fourteen days or overnight to a fortnight.

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