Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ? | MCQ Hive

Economics Mcqs

Q Government borrows in the form of promissory note to repay the bearer after some fixed days from the date of issue. How is called such borrowing ?

A A. bond
B B. treasury bill
C C. term bound
D D. securities

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