Question : The currency note in India is a:

Option 1: Promissory note

Option 2: Cheque

Option 3: Demand draft

Option 4: Bill of exchange

Question :  A ___________ is an instruction given by the account holder to the bank to pay a specific amount to a particular person.

Option 1: Cheque

Option 2: Demand draft

Option 3: Bill of exchange

Option 4: Promissory note

Question : ___________ is a document issued by a bank that guarantees the payment of a specific amount of money to a specified person or entity.

Option 1: Bank guarantee

Option 2: Letter of credit

Option 3: Promissory note

Option 4: Demand draft

Question : Which of the following is not a type of negotiable instrument?

Option 1: Cheque

Option 2: Bill of exchange
 

Option 3: Promissory note

Option 4: None of the above

Question : It is an instrument of short term borrowings issued by Reserve Bank of India on behalf of Indian government. Which money market instrument is highlighted in the given statement?
 

Option 1: Treasury bill

Option 2: Commercial paper

Option 3: Call money

Option 4: Commercial bill