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Answer in one sentence.What is Trade Bill? - Secretarial Practice

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Question

Answer in one sentence.
What is Trade Bill?

One Line Answer
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Solution

It is a negotiable instrument or bill drawn by a seller on the buyer for value of goods sold under credit sales.

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Types of Financial Market
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Chapter 11: Financial Market - Exercises [Page 168]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 11 Financial Market
Exercises | Q 1 H) 4. | Page 168

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Central government is a borrower in the money market through the issue of ______.


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