Solution
✅ Correct Option: 1
Call money is short-term finance used by banks to borrow from one another, usually for a period of one day to fifteen days, to manage their Cash Reserve Ratio (CRR) requirements set by RBI.
CUET Business Studies 2023 PYQs22 June Shift 1. Free, no login required.
Call money is short-term finance used by banks to borrow from one another, usually for a period of one day to fifteen days, to manage their Cash Reserve Ratio (CRR) requirements set by RBI.