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Doctors Medicines MCQs Q&A

  1. repurchasing commercial notes
  2. repurchase bills
  3. purchase agreement
  4. reverse repurchase agreement
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1 Answers

Answer: Option 4

Agreement which incurs transaction between two parties and promise held that second party will sell security at specific maturity is classified as reverse repurchase agreement. A reverse repurchase agreement, or "reverse repo", is the purchase of securities with the agreement to sell them at a higher price at a specific future date.

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