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

Correct Answer: Option D

D. the money markets

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.