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Questions › JNU › JNU SSS 2019 › Q36
1 markIndian Economy › Money, banking and financial markets in India › Monetary aggregates and the money marketModerateabout 1 min

JNU SSS 2019 Question 36: Money, banking and financial markets in India

With reference to money markets consider the following statements:

I. Call money refers to borrowing/lending of funds on overnight basis.

II. Notice Money refers to borrowing/lending of funds for period exceeding 14 days.

Which of the statements given above is/are correct?

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Answer and worked solution

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Money, banking and financial markets in India has come up 106 times in 6 exams since 2010.

What this question tests

This question is on Monetary aggregates and the money market, part of Money, banking and financial markets in India in Indian Economy.

How money is measured in India and the short-term markets that carry it.

TestStop has 10 past-paper questions on this subtopic; the nearest in year are below.

  • GATE 2021 · Q28A Government Security (G-Sec)
Practise Money, banking and financial markets in IndiaMore on Monetary aggregates and the money market

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Question from the JNU SSS 2019 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.