📊 Banking and Finance 2
Q. Which of the following statement is true about Certificates of Deposits?
  • (A) It is secure instrument in comparison of Commercial Paper
  • (B) It is a promissory note
  • (C) It is traded in Capital Market
  • (D) It was introduced in 1990
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✅ Correct Answer: (A) It is secure instrument in comparison of Commercial Paper

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