What do you mean by 'Call Money'?

A Inter-bank short-term lending and borrowing
B Borrowing from central bank
C Lending by commercial banks to insurance companies
D Withdrawal of money from commercial banks by deposit holders

Correct Answer: Inter-bank short-term lending and borrowing

Call money is also referred to as the money at call. It is a short - term loan which is due to be paid immediately in full as and when demanded by the lender. Not similar to a term loan, call money loan does not have a defined schedule of payment and maturity.
Bissoy MCQ

Related Questions

Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?
`I shall call you on Friday. Here 'call' is widely used as--
He may call on the mayor tomorrow. Here, 'call on' means to

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