Solved UPSC CDS/OTA Question
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Q · Money and Types of Moneymoderate · 45s
Which money is used in the interbank market for overnight lending?
TopicMoney and Types of Money
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
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Call money is short-term borrowing between banks, often overnight.
Final Answer: Option A - Call money