Call Money- Lent or borrowed over short period of time for day or night

Q.  What is Call Money?
- Published on 20 Jul 15

a. Money borrowed or lent for a day or over night
b. Money borrowed for more than one day but up to 3 days
c. Money borrowed for more than one day but up to 7 days
d. Money borrowed for more than one day but up to 14 days

ANSWER: Money borrowed or lent for a day or over night
 
If it exceeds one day, it is referred to as “notice money”.

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