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______ is short-term finance repayable on demand, with a maturity period of one day to fifteen days. -

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Question

______ is short-term finance repayable on demand, with a maturity period of one day to fifteen days.

Options

  • Call Money

  • Treasury Bill

  • Commercial Paper

  • Commercial Bill

MCQ

Solution

Call Money

Explanation - 

Call money is a short-term loan that can be repaid on demand and has a maturity of 1 to 15 days. It is used for interbank transactions.

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