New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following is an asset-backed

    security?
    A Treasury Bill Correct Answer Incorrect Answer
    B Commercial Paper Correct Answer Incorrect Answer
    C Mortgage-backed Security Correct Answer Incorrect Answer
    D Equity Share Correct Answer Incorrect Answer
    E Convertible Bond Correct Answer Incorrect Answer

    Solution

    Mortgage-backed securities are a type of asset-backed security that is backed by a collection of mortgages.

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