Name the money market investment used by Commercial banks to meet their cash Reserve Ratio requirement. Option 1: Certificate of Deposits Option 2: Call Money Option 3: Commercial Papers Option 4: Commercial Bills

The answer is 'Call Money'. View full solution:

CUET Business Studies - Name the money market investment used by Commercial banks to meet their cash Reserve Ratio requirement. | PYQs + Solutions

CUET Business Studies 2022 20 Aug Shift 1

Business Studies

Easy

Certificate of Deposits

Call Money

Commercial Papers

Commercial Bills

✅ Correct Option: 2

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CUET Business Studies 2022 20 Aug Shift 1 PYQs

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