29 Views

Question : Which of the following is not a type of commercial paper?

Option 1: Unsecured commercial paper

 

Option 2: Secured commercial paper
 

Option 3: non-convertible commercial paper

 

Option 4: Convertible commercial paper


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 11th Jan, 2024

Correct Answer: Secured commercial paper
 


Solution : b). Secured commercial paper

Secured commercial paper is not a type of commercial paper. Commercial paper refers to short-term debt instruments issued by corporations, financial institutions, and government entities to meet their short-term funding needs. The options listed include various types of commercial paper except for "b). Secured commercial paper." Commercial paper is typically unsecured, meaning it is not backed by specific collateral. The correct answer is option b.

 

Related Questions

UEI Global, Hotel Management ...
Apply
Training & Placement Guarantee | Top Recruiters: The Oberoi, Taj, Lee Meridien, Hyatt and many more
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
XAT- Xavier Aptitude Test 2026
Apply
75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Apply now
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books