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

A. Share of ownership only

B. Commodity

C. Debt instrument

D. Tax receipt

Explanation

A bond represents borrowing by the issuer from investors.

UPSC Principal & Vice Principal GK/GS

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