Financial Awareness - Risk, Stability & Emerging Finance
Which of the following statements correctly differentiates Call Money Market from Notice Money Market?
Which of the following statements correctly differentiates Call Money Market from Notice Money Market?
medium Q14 of 15
Step-by-Step Solution
Step 1: Understand the difference
Call Money Market involves overnight lending; Notice Money Market involves lending for 2 to 14 days.Step 2: Analyze options
Option stating Call Money is overnight and Notice Money is 2 to 14 days is correct; others are factually incorrect.Final Answer:
Call Money Market funds are lent overnight; Notice Money Market funds are lent for 2 to 14 days → Option AQuick Check:
Call Money = overnight; Notice Money = 2 to 14 days ✅
Quick Trick: "Call" means immediate; "Notice" means prior intimation period.
Common Mistakes:
- Reversing the durations of Call and Notice Money Markets.
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