Question : It is a short term and unsecured negotiable promissory note with the fixed maturity period. Which of the following money market instrument is highlighted in the given statement?
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Call money
Option 4: Commercial bill
Correct Answer: Commercial paper
Solution : Commercial paper short term and unsecured negotiable promissory note with the fixed maturity period which is issued by large and credit worthy companies to raise short term funds at lower rates of interest than the market rates.
Hence, option B is correct.
Question : It is an negotiable promissory note with the fixed maturity period. Which money market instrument is highlighted in the given statement?
Question : It is an unsecured document with a fixed maturity period. Which money market instrument is highlighted in the given statement?
Question : Which money market instrument is highlighted in the given statement? Statement: It is a negotiable instrument which can be transferred after a certain period by an endorsement.
Option 2: Call money
Option 3: Certificate of deposits
Question : It is an instrument of short term borrowings issued by Reserve Bank of India on behalf of Indian government. Which money market instrument is highlighted in the given statement?
Question : It is a short term finance repayable on demand it is used for interbank transactions. Which money market instrument is highlighted in the given statement?
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