[Solved] Which of the following statements is not true with regard to Call money?

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Q.	Which of the following statements is not true with regard to Call money?
A.	It is short-term finance repayable on demand.
B.	Its maturity period ranges from one day to fifteen days.
C.	There is a direct relationship between call rates and other short-term money market instruments.
D.	It is used for inter-bank transactions.
Answer» C. There is a direct relationship between call rates and other short-term money market instruments.

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