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Which of the following is the correct definition of the term 'Commercial Papers'?
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- It is nothing but the popular name of the judicial stamp papers used to register financial transactions
- It is one of the instruments through which corporates raise debt from the market
- It is the name of the 'Certificate of Deposits' provided by the Banks to its retail customers
- Both 'a' and 'b'
Correct Option: B
N/A
