UPSC CAPF Assistant Commandant Model Paper 5

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Question : 16 of 125

Marks: +1, -0

Which of the following statements regarding call money market is not correct?

Call money market is centred in vMumbai, Kolkata and Chennai.
Call money market is also known as Inter-bank market.
Call money market is the most appropriate indicator of liquidity position of money market.
Borrowing/lending transactions in call money market are carried out for three days.

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