Which of the following statement is true about Certificates of Deposit – McqOptions

MCQOPTIONS

1.	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
Answer» B. It is a promissory note

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