Q. What defines commercial paper?

  • (A) Long term debt issued by private corporations
  • (B) Short term and unsecured promissory notes issued by corporations with very high credit rating standings
  • (C) Savings instrument in which funds must remain on deposit for a specified period
  • (D) A and C
✅ Correct Answer: (B) Short term and unsecured promissory notes issued by corporations with very high credit rating standings

Published by Mr. Dubey ⭐ 111.42K Points at 22-Oct-2020 09:55 am in General Awareness

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