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Question

Money loaned by a bank or other institution which is repayable on demand is known as _________.

A Cash Amount Correct Answer Incorrect Answer
B Call Rate Correct Answer Incorrect Answer
C Call Money Correct Answer Incorrect Answer
D Bond Amount Correct Answer Incorrect Answer
E Ready Amount Correct Answer Incorrect Answer

Solution

Call money is money loaned by a bank or other institution which is repayable on demand.

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