What is Commercial Bill ??
The commercial bill is instrument drawn by a seller of goods on a buyer of goods. A Commercial bill is one which arises out of a genuine trade transaction, i.e. credit transaction. As soon as goods are sold on credit,…
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Money market instruments
Money market instruments is an important source of finance to industry , trade, commerce, and government sector for meeting their short term requirement for both national and international trade. These financial instruments provide also an investment opportunity to banks and…