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During the financial crisis of 2007-08, which financial instruments commonly came to be called “Toxic Assets”?

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Question:

During the financial crisis of 2007-08, which financial instruments commonly came to be called “Toxic Assets”?

A.

treasury bill

B.

mortgaged backed securities

C.

s&p stokes

D.

government bonds

Answer» b. mortgaged backed securities

Note: The above multiple-choice question is for all general and Competitive Exams in India.