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      Question

      Which of the following is true regarding Certificate of

      Deposit is?Β 
      A Transferable instrument Correct Answer Incorrect Answer
      B Negotiable Instrument Correct Answer Incorrect Answer
      C Money Market Instrument Correct Answer Incorrect Answer
      D All 1, 2 and 3 Correct Answer Incorrect Answer
      E Only 1 and 3 Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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