Financial Markets and Institutions mcq set 11

401. It is used as an alternative to bank borrowing for large and creditworthy companies,A. Commercial billB. Commercial papersC. Call moneyD. None of the above AnswerC. Call money 402. It is a method by which banks borrow from each other to be able to maintain the cash reserve ratio.A. Commercial billB. Commercial papersC. Call moneyD….

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