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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Indian Fiscal System Questions and Answers for Competitive Exams
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Question
A financial instrument is called a ‘primary security’ if it represents the liability of:
A
Some ultimate borrower
B
The Government of India
C
A primary cooperative bank
D
A commercial bank
View Answer
Answer & Explanation
Answer: Option [A]
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