Finance - Money Market Questions with solutions MCQs

1. Commercial Paper (CP) is an unsecured money market instrument issued in the form of a ____?

A

Cheque

B

Bill of Exchange

C

Demand Draft

D

Promissory Note

Finance - Money Market Account Ast. 2024
Correct Answer : D
Explanation :

Commercial Paper is a short-term unsecured promissory note issued by companies to raise funds.

Correct Answered :

Wrong Answered :

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