What is call money rate ?

A lending rate of central Bank
B lowest rate of lending
C Short term lending
D Long term borrowing

Correct Answer: Short term lending

Call money is minimum 5% short - term finance repayable on demand, with a maturity period of one to fourteen days or overnight to a fortnight. It is used for inter - bank transactions. The money that is lent for one day in this market is known as "call money" and, if it exceeds one day, is referred to as "notice money.
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Related Questions

Based on the information below, how much did a certain telephone call cost? 1. The call lasted 1 minute 27 seconds 2. The cost for the first 30 second unit is Tk. 1.80, call duration more than 30 seconds costs Tk. 0.90 per 30 second unit 3. Any call duration less than 30 seconds is rounded up to the nearest 30-second unit.
A Tk. 1.80
B Tk. 2.61
C Tk. 2.70
D Tk. 3.51
Total number of telephone calls is 'n' call charge is Tk. 'p' per call. Then total call charge is:
A ( n + p)
B (n-p)
C (n *p)
D (none of them)
Total number of telephone calls is ‘n’, call charge is TK. ‘p’ per call. Then total call charge is:
A (n+p)
B (n-p)
C np
D none of then
If Marie has twice as much money as Curie has, who has three times as much money as Sunny as has, what is the ratio of the amount of money Sunny has to the amount of money Marie has ?
A 1 : 8
B 1 : 6
C 1 : 4
D 1 : 2
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?
A When levels of personal retirement saving increase, consumer borrowing always increases correspondingly.
B The increased tax revenue the government would receive as a result of business expansion would not offset the loss in revenue from personal income taxes during the first year of the plan.
C Even With tax incentives,some people will choose not to increase their levels of retirement savings .
D Bankers generally will not continue to lend money to Businesses whose prospective earnings are insufficient to meet their loan repayment schedules.
Kalam has invested a part of 10,000 Taka in an account that pays 6% simple interest rate each year and rest of the money in another account that pays 8% simple interest per year. If he has invested the money for 18 months and he has invested the money for 18 months and he earns a total of 1,020 Taka as interest, what is the difference in the amount of the interest earned on both the accounts?
A 40 Taka
B 60 Taka
C 100 Taka
D 120 Taka
If the rain continues we shall have to call off the game. Here call off means-
A Enjoy
B Watch
C Postpone or Cancell
D Continue
`I shall call you on Friday. Here 'call' is widely used as--
A verb
B Adverb
C Adjective
D Auxiliary verb
If the cost of a long-distance phone call is C taka for the first minute and (2/3) C taka for each additional minute, what is the cost, in taka, of a 10 minute call of this type?
A 5/3c
B 6c
C 20/3c
D 7c
If the cost of a long distance phone call in C taka for the first minute and (2/3) C taka for each additional three minute. what is the cost in taka of a ten minute call of this type?
A 5c/3
B 6c
C 3c
D 7c

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