Banking Marketing Aptitude Banking System Question Bank Banking

  • question_answer
    Abound issued at a price less than its face value and payable on its due date at its face value bearing no ROI (Rate Of Interest) is called?                                                                                                             [SBI Clerk 2014]

    A)  Preference Bond

    B)           Zero Coupon Bond

    C)        Convertible Bond          

    D)         Perpetual Bond

    Correct Answer: B


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