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Business Services-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMBusiness Services-22 Marks
Question
What is "Call Money" ?
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Answer

  • Bank sometimes is in financial crisis for $24$ hours or less than that.
  • At this time money is collected from Reserve bank. This money is obtained immediately. It is called "Call Money"

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