Which of the following statements is true?
A)A bank bill is extremely marketable.
B)A non-bank bill may be regarded as almost equivalent to a bank bill.
C)A bank bill that is regarded as being very risky will easily be discounted in the bills market.
D)A bank bill is extremely marketable and a non-bank bill may be regarded as almost equivalent to a bank bill.

Question

Quizplus · Accepted Answer

A bank bill is indeed extremely marketable and considered safer than a non-bank bill. However, a non-bank bill may still be accepted in the bills market if it has a low level of risk and is almost equivalent to a bank bill. Therefore, both statements in option D are true. Option A is incorrect because while bank bills are marketable, the word "extremely" is too strong. Option B is also incorrect as non-bank bills are generally regarded as riskier than bank bills. Option C is incorrect because a bank bill with a high level of risk would be discounted in the bills market, but the statement implies that it would be discounted easily, which is not necessarily true.

Which of the Following Statements Is True