It is used as an alternative to bank borrowing for large and creditworthy companies,
A) Commercial bill
B) Commercial papers
C) Call money
D) None of the above
Correct Answer:
Verified
Q18: The allocated function is performed by
A)Financial market
B)Capital
Q19: It is a market for short-term funds
Q20: It is an instrument of short-term borrowing
Q21: Who issues a treasury bill?
A)Any nationalised bank
B)Any
Q22: Suppose an investor purchases a 91 days
Q24: It is a method by which banks
Q25: A rise in call money rates makes
Q26: It is a short-term, negotiable, self-liquidating instrument
Q27: The capital market consists of
A)Development banks
B)Commercial banks
C)Stock
Q28: A company can raise capital through the
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