What is call money, a loan granted for one day, a certificate of bank deposits, a government bond with less than a year's maturity, a loan granted for less than 14 days?

Understand the Problem

The question is asking for the definition or explanation of financial terms related to short-term lending and securities. It lists various financial instruments and seeks clarification on their meanings.

More Information

Call money, also known as money at call, is typically utilized in the banking sector for short-term funding or lending. It offers flexibility as the loan can be called upon demand without a fixed maturity date.

Tips

A common confusion is mixing call money with other short-term financial instruments like notice money or term deposits. Ensure the duration and terms (payable on demand) match the definition of call money.

Sources

• Treasury - Call Money / Notice Money / Term Money - IDBI Bank - idbibank.in
• What Is Call Money (aka Money at Call) in Lending and Banking? - investopedia.com