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Serials bonds are

Question:

Serials bonds are

A.

Large bond issues carrying fixed maturity date

B.

Small bond issues carrying many maturity dates.

C.

Small bond issues carrying single maturity date.

D.

Large bond issues carrying many maturity dates.

Answer» b. Small bond issues carrying many maturity dates.

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