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Banking General Awareness Money Market and Capital Market Question Bank Money Market and Capital Market

  • question_answer
    A bond issued at a price less than its face value and payable on its due at its face value bearing no Rate of Interest (Rol) is called                                                                                                                         [SBI Clerk 2014]

    A)  Preference Bond            

    B)  Zero Coupon Bond

    C)  Convertible Bond

    D)  Perpetual Bond

    E)  Sovereign

    Correct Answer: B

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