_____ is an instrument drawn by a seller of goods on a buyer of goods.

(a)

Treasury bill

(b)

Certificate of deposit

(c)

Commercial bill

(d)

None of these

A _____ is one wherein no specific time of payment is mentioned.

(a)

Demand bill

(b)

Documentary bill

(c)

Foreign bill

(d)

Indigeneous bill

_____ are drawn without accompanying any document.

(a)

Demand bills

(b)

Clean bills

(c)

Documentary bills

(d)

Indigenous bills

_____ are those which do not arise out of genuine trade of transactions.

(a)

Inland

(b)

Foreign

(c)

Accommodation bills

(d)

Clean

_____ plays a significant role in the Indian Money market.

(a)

Treasury bills

(b)

Certificate of deposits

(c)

Government securities

(d)

None of these