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      Question

      What is included in the term "promissory note" as per

      the Government Securities Ac?
      A A treasury bill Correct Answer Incorrect Answer
      B Only promissory notes issued by financial institutions Correct Answer Incorrect Answer
      C Only promissory notes issued by government agencies Correct Answer Incorrect Answer
      D Only promissory notes issued by individuals Correct Answer Incorrect Answer
      E Only promissory notes issued by commercial banks Correct Answer Incorrect Answer

      Solution

      Section 2. Definitions: (h) "promissory note" includes a treasury bill.

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