Business Studies · Financial Markets
_______ is a short-term unsecured promissory note issued by reputed business organisations to raise short-term funds at lower rates of interest than the market rate. It is a negotiable instrument, transferable by endorsement and delivery.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Commercial bill
- 2Certificate of deposit
- 3Commercial paper✓
- 4Treasury bill
Correct answer
Commercial paper
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Markets MCQs →Want more practice questions on Financial Markets?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Financial Markets