Question

    What is the time period classified as "Notice Money" in

    financial market terminology?
    A Between 2 and 7 days Correct Answer Incorrect Answer
    B Between 2 and 10 days Correct Answer Incorrect Answer
    C Between 2 and 14 days Correct Answer Incorrect Answer
    D Between 2 and 18 days Correct Answer Incorrect Answer

    Solution

    In financial markets, "Notice Money" refers to capital that is borrowed or lent for a duration ranging from 2 to 14 days. This distinguishes it from "Call Money," which pertains to overnight funds, and "Term Money," which involves borrowing or lending arrangements exceeding 14 days.

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