Easy 1 point ID: #7325
Question

What does DD stands for---

Options

1

Disposable Draft

Correct Answer
2

Discount Draft

Correct Answer
3

Deposit Draft

Correct Answer
4

Demand Draft

Correct Answer

Explanation

A Demand Draft is a negotiable instrument similar to a bill of exchange. It is issued by a bank to a client, directing another bank or branch to pay a certain sum to the specified party.

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Type Single Choice
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