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What is Call Money?

A. Money borrowed or lent for a day or over night

B. Money borrowed for more than one day but up to 3 days

C. Money borrowed for more than one day but up to 7 days

D. Money borrowed for more than one day but up to 14 days

Related Questions on Banking Awareness Test Questions

What does 'Nomination' for a deposit account in the bank mean?

A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor

B. Mandate decided by the bank to settle the death claim of its depositor

C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor

D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor