Banking Awareness Test Questions


Q.  Which of the following is the correct definition of Hot Money?

a. This is the fund which is dumped into a country to get the advantage of a favourable interest rate
b. This is the fund which is provided by a bank in US $ at very short notice and at a very high rate of interest and for a longer period of repayment
c. This is the fund which is pushed into market through illegal methods
d. None of the above



 
 

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