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Question

Which of the following is true regarding Certificate of Deposit is? 

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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