Indian Fiscal System Questions and Answers for Competitive Exams

Home
General Knowledge
a-financial-instrument-is-called-primary-security-if-it-represents-the-liability-of

A financial instrument is called a ‘primary security’ if it represents the liability of:

A Some ultimate borrower

B The Government of India

C A primary cooperative bank

D A commercial bank

Answer & Explanation
Answer: Option [A]

⭐ Make GKSeries Your Preferred Source on Google

Add GKSeries as Preferred Source

Read More Economics Solved Questions