MCQOPTIONS
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| 1. |
Which of the following is the correct definition of the term 'Commercial Papers'? |
| A. | It is nothing but the popular name of the judicial stamp papers used to register financial transactions |
| B. | It is one of the instruments through which corporates raise debt from the market |
| C. | It is the name of the 'Certificate of Deposits' provided by the Banks to its retail customers |
| D. | Both 'a' and 'b' |
| Answer» C. It is the name of the 'Certificate of Deposits' provided by the Banks to its retail customers | |