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Q. |
What is Term Money? |
A. | It is an overnight loan in the Money Market |
B. | It is loan of above1 day to 14 days in the money market |
C. | It is loan of above14 day to 364 days in the money market |
D. | It is a loan provided on certain terms and conditions by Bank to its customer |
Answer» C. It is loan of above14 day to 364 days in the money market |
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