Economics · Money Market
In the Indian money market, 'Call Money' specifically refers to funds borrowed or lent for what duration?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A flexible period exceeding 30 days
- 2An overnight basis (1 day) only✓
- 3A period between 2 days and 14 days
- 4A fixed period of 15 days to 1 year
Correct answer
An overnight basis (1 day) only
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