Q. What is Term Money? (Solved)
1. It is an overnight loan in the Money Market
2. It is loan of above1 day to 14 days in the money market
3. It is loan of above14 day to 364 days in the money market
4. It is a loan provided on certain terms and conditions by Bank to its customer
- c. It is loan of above14 day to 364 days in the money market