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FINANCIAL MARKET — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMFINANCIAL MARKET1 Mark
MCQ
Which form of short term document is commercial paper?
  • A
    Like bearer cheque.
  • ✓
    Like Promissory Note.
  • C
    Like bills.
  • D
    Like Bank draft.
✓

Answer

Correct option: B.
Like Promissory Note.

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