Which of the following statements is not true with regard to Call money?
A)It is short-term finance repayable on demand.
B)Its maturity period ranges from one day to fifteen days.
C)There is a direct relationship between call rates and other short-term money market instruments.
D)It is used for inter-bank transactions.

Question

Quizplus · Accepted Answer

Call money rates can fluctuate independently and are not directly related to other short-term money market instruments, which may have different influencing factors.

Which of the Following Statements Is Not True with Regard