UPSC Principle and Vice Principle GK/GS Banking, Finance, and Fiscal Policy Part - 2

Which statement best identifies bond is generally a?

Type: MCQ • Marks: 1
Which statement best identifies bond is generally a?
Options
A. Share of ownership only
B. Commodity
C. Debt instrument
D. Tax receipt
Explanation
A bond represents borrowing by the issuer from investors.
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UPSC Principal & Vice Principal GK/GS

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