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Financial Markets Management · 2024 · 1 mark
CBSE 2024 · Central · Set 4 · Q4
arises when failure of one of the parties to discharge his obligations leads to failure by other parties.
______ arises when failure of one of the parties to discharge his obligations leads to failure by other parties.
Official answer
(B)
Systemic risk
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CBSE Class 12 Financial Markets Management past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.