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CUET Business Studies 2022 PYQs20 Aug Shift 1. Free, no login required.

Business Studies

past year questions, CUET Business Studies 2022 20 Aug Shift 1

Financial Markets

past year questions, Business Studies, CUET Business Studies 2022 20 Aug Shift 1

Easy

Name the money market investment used by Commercial banks to meet their cash Reserve Ratio requirement.

Solution

✅ Correct Option: 2

Call money is a short-term finance repayable on demand, with maturity period from one to fifteen days, used by banks to meet short-term fund requirements, particularly their Cash Reserve Ratio (CRR) obligations. Hence, the correct answer is Call Money.

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CUET Business Studies Past Year Questions (Topic-Wise)