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      Question

      Under which of the following type of guarantees, the

      banker guarantees payment of installments spread over a period?
      A Financial Guarantee Correct Answer Incorrect Answer
      B Deferred Payment Guarantee Correct Answer Incorrect Answer
      C Performance Guarantee Correct Answer Incorrect Answer
      D Injunction Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Under Deferred Payment Guarantee, the banker guarantees payment of installments spread over a period.

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