Financial security which is tax exempted and issues by state governments to individuals is classified as___________?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

80FinanceMedium

AMortgages

BMunicipal bonds

CCorporate bonds

DU.S treasury bonds

Correct answer

B. Municipal bonds

Explanation

Municipal bonds is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Financial security which is tax exempted and issues by state governments to individuals is classified as___________? - Answer and Explanation | Academy of Pakistan