It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.

CA Foundation · Business Economics · MTP · September 2025
It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.
(A) A. Commercial bill
(B) B. Commercial papers
(C) C. Call money
(D) D. None of the above

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Commercial papers

Topics: Money Market

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