Question : Which money market instrument is highlighted in the given statement?
Statement: It is used to finish the credit sales.
Option 1: Treasury bill
Option 2: Call money
Option 3: Certificate of deposits
Option 4: Commercial bill

Question

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

Option 1: Treasury bill

Option 2: Call money

Option 3: Certificate of deposits

Option 4: Commercial bill

Team Careers360 · Accepted Answer

Correct Answer: Commercial bill

Solution : Commercial bill is an negotiable instrument which can be easily transferred it is used to finance the credit sale.The seller draws the Bill and the buyer accept it. The buyer honours the bill on the due date.

Hence, option D is correct.

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Question : Which money market instrument is highlighted in the given statement? Statement: It is used to finish the credit sales.Option 1: Treasury billOption 2: Call moneyOption 3: Certificate of depositsOption 4: Commercial bill

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Question : Which money market instrument is highlighted in the given statement?
Statement: It is used to finish the credit sales.
Option 1: Treasury bill
Option 2: Call money
Option 3: Certificate of deposits
Option 4: Commercial bill

Question : Which asset is highlighted in the given statement?
Statement : It refers to that financial instrument or security example shares debentures treasury bills commercial paper etc.

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