The term "Money at call and short notice" in a bank's assets represents the bank's...

Economics

JAMB 2019

The term "Money at call and short notice" in a bank's assets represents the bank's loans to______

A. industry and commerce
B. overseas central banks
C. the capital market
D. the money markets

Your School's Whatsapp Group - Join Us now

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Correct Answer: Option D

Explanation

Money at call or at short notice is a loan that is made for a very short period for a few days only for duration of a week. Money market is a market for short-term loans.

Previous Next

Go back to Econs classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

I whant to know we're I supposed to be? Answer this

1 Answers · 1 day ago
can jss 3 students use this my school? Answer this

1 Answers · Mathematics · 2 weeks ago
the bearing of ships A and B from a Port P are 225 and 116 respectively .ship A is 3.9km... Answer this

3 Answers · Mathematics · 5 years ago

The term "Money at call and short notice" in a bank's assets represents the bank's...

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In