What is the classification of funds involved in transfer transactions between financial institutions?

Money Markets MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Money Marketsfinance-mcqs › money-markets
Published
12 May 2023
Last updated
28 May 2026

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Explanation

Federal funds refer to the type of funds that are transferred between financial institutions, typically overnight, to meet reserve requirements or liquidity needs. The other options do not pertain to interbank transfer transactions.

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