The bankers acceptance which is usually time draft is fully backed by Options: A . &nbspcommercial banks B . &nbspSwiss banks C . &nbspagriculture banks D . &nbspfunctional banks

The bankers acceptance which is usually time draft is fully backed by

Question

The bankers acceptance which is usually time draft is fully backed by

Options:

A . commercial banks

B . Swiss banks

C . agriculture banks

D . functional banks

Answer: Option A
Answer: (a).commercial banks

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