Banking Sample Paper SBI PO (Main) Sample Test Paper-2

  • question_answer
    The HUFC, the largest mortgage-lender in the country, has announced to raise funds by secured redeemable NCDs and wan-ants. Here, the term NCD stands for

    A)  Non-Convertible Debt

    B)  Non-Convertible Dcductibles

    C)  Non-Convertible Derivatives

    D)  Non-Convertible Debentures

    E)  None of these

    Correct Answer: D


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