With reference to the Indian economy, consider the following statements : 1. Commercial Paper is a short-term unsecured promissory note. 2. Certificate of Deposit is a long-term of Instrument issued by RBI to a corporation.  3. 'Call Money' is a short-term finance used for interbank transactions.  4. 'Zero-Coupon Bonds' are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to corporations.  Which of the statements given above is/are correct?  - Study24x7
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UPSC & State PSC
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With reference to the Indian economy, consider the following statements : 1. Commercial Paper is a short-term unsecured promissory note. 2. Certificate of Deposit is a long-term of Instrument issued by RBI to a corporati...

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A

 1 and 2 only 

B

4 only 

C

1 and 3 only 

D

 2, 3 and 4 only

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