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    Question

    Under which of the following type of guarantees, the

    banker guarantees payment of installments spread over a period?
    A Financial Guarantee Correct Answer Incorrect Answer
    B Deferred Payment Guarantee Correct Answer Incorrect Answer
    C Performance Guarantee Correct Answer Incorrect Answer
    D Injunction Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Under Deferred Payment Guarantee, the banker guarantees payment of installments spread over a period.

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