What does “derivative” mean in Payment and Settlement Systems Act, 2007? - Study24x7
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Banking/IRDA
265 followers study24x7 22 Jul 2021 03:30 PM study24x7 study24x7

What does “derivative” mean in Payment and Settlement Systems Act, 2007?

A

an instrument, to be settled at a future date

B

a payment, to be settled at a future date

C

an instrument, that has already got settled

D

None of the above

Banking
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