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Current Affairs - January 2023
Set - 22
Question
A Credit Default Swap (CDS) is a ?
Question
A Credit Default Swap (CDS) is a ?
Financial swap arrangement
Financial credit arrangement
Debt securities arrangement
None of the above
Solutons With Key Points
Answer- A
In finance, a credit default swap (CDS) is a type of financial swap contract in which the seller of the CDS agrees to pay the buyer in the event of a debt default by the debtor or any other credit-related incident.
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A Credit Default Swap (CDS) is a ?
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