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    Question

    Which of the following is true regarding Certificate of

    Deposit is?┬а
    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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