Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Certificate of deposits
Option 4: Commercial bill

Question

Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?

Option 1: Treasury bill

Option 2: Commercial paper

Option 3: Certificate of deposits

Option 4: Commercial bill

Team Careers360 · Accepted Answer

Correct Answer: Certificate of deposits

Solution : Commercial bill is a bill of exchange used by Business firm to finance their working capital requirements. It is a short term negotiable,self liquidating instrument which is used to finance the credit sale of firms.

Hence, option C is correct.

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Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?Option 1: Treasury billOption 2: Commercial paperOption 3: Certificate of deposits Option 4: Commercial bill

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Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Certificate of deposits
Option 4: Commercial bill

Question : Which money market instrument is highlighted in the given statement?
Statement: It is used to finish the credit sales.

Question : Case Study 22:

DEF Ltd. is a well-established company planning to expand its global operations through acquisitions.

Question :

To finance its acquisition plans, DEF Ltd. is evaluating short-term financing

Question : Case Study 22:

DEF Ltd. is a well-established company planning to expand its global operations through acquisitions.

Question :

To finance its acquisition plans, DEF Ltd. is evaluating short-term financing