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What is money at call and short notice ?
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Answer / ahamed bassam m
Advances made by banks to other financial institutions, or corporate and personal customers, that are repayable either upon demand (call) or within 14 days by giving short notice.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / rokdeepak
Call Money or Notice Money is short term debt. Call Money
is borrowed in money market to meet statutory requirements
like CRR. also borrowed for fund shortges.
| Is This Answer Correct ? | 16 Yes | 13 No |
classify the following into real, nominal, personal account 1. Discount account 2. interest on debenture 3. Land account 4. salary account 5. carriage account 6. printing & stationary account 7. stock account
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