________ is a source of financing to meet very short-term fund requirements of commercial banks with a provision of renewal.
A)Treasury Bill
B)Commercial Paper
C)Certificate of Deposit
D)Call Money

Question

Quizplus · Accepted Answer

Call Money is a source of financing for commercial banks to meet very short-term fund requirements, with the option for renewal. It is used by banks to borrow and lend money for a very short period, typically overnight.

________ Is a Source of Financing to Meet Very Short-Term