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      Question

      Which of the following is a short-term source of

      funding?
      A Term Loan Correct Answer Incorrect Answer
      B Commercial Paper Correct Answer Incorrect Answer
      C Mortgage loan Correct Answer Incorrect Answer
      D Non convertible debenture Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Commercial paper is a money market instrument used to raise funds for short term by corporates.

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