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Subject - Banking:

Basics

MCQ - 1-1465

Question:

The features of the commercial paper are

  1. It is an unsecured instrument issued in the form of a promissory note.
  2. The highly rated corporate borrowers can raise short term funds through this instrument.
  3. It is an additional instrument to the investing community.
  4. The highly rated corporate borrowers can raise short term funds through this instrument.

Correct Answer: D

Explanation:

It is a Fact. It requires no explanation.

Record Performance

20 MCQ for effective preparation of the test of Basics of Banking section.

Read the MCQ statement: The features of the commercial paper are, keenly and apply the method you have learn through the video lessons for Basics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 1-1465.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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