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
Social learning Network

Warning: include(./views/auth.php): failed to open stream: Permission denied in /var/www/html/live/loginRightSlider.php on line 18

Warning: include(): Failed opening './views/auth.php' for inclusion (include_path='.:/usr/share/php') in /var/www/html/live/loginRightSlider.php on line 18
UPSC & State PSC
1012 followers study24x7 01 Jan 1970 05:30 AM study24x7 study24x7

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...

See more

A

 1 and 2 only 

B

4 only 

C

1 and 3 only 

D

 2, 3 and 4 only

UPSC
Like Comment Share
study24x7
Write a comment

Warning: count(): Parameter must be an array or an object that implements Countable in /var/www/html/live/makepost.php on line 893

Get the App

Download the Study24x7 App, so you can connect and collaborate.

study24x7
study24x7
Most Related Articles

    Warning: count(): Parameter must be an array or an object that implements Countable in /var/www/html/live/makepostRltdArtcl.php on line 8