Question : Which of the following statement is incorrect?
 

Option 1: Commercial bill is a self liquidating instrument

Option 2: Commercial bill is used for long term finance

Option 3: Commercial bill is used to finance the credit sale of firms

Option 4: None of the above

 

Question : Which of the following statement is incorrect?
 

Option 1: Certificate of deposit issued against the deposits kept by companies and institutions. 
 

Option 2: Commercial bill  is short term borrowing instrument issued by RBI.
 

Option 3: Call money is a short term finance generally used by banks to maintain cash reserve ratio
 

Option 4: None of the above

Question : It is a bill of exchange used by Business firms to finance their working capital requirements.Which money market instrument is highlighted in the given statement?

Option 1: Treasury bill

Option 2: Commercial paper

Option 3: Certificate of deposits 

Option 4: Commercial bill

Question : Which of the following statement is correct?
Statement 1: Commercial bill used to finance the cash sales.
Statement 2: Commercial bill is a short term instrument generally issued for a period of 90 days.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question : Which of the following statement is incorrect?

 

Option 1: Commercial paper is a negotiable instrument

Option 2: Commercial paper is also known as Zero coupon bonds.

Option 3: Commercial paper helps to satisfy short term requirements of funds.

Option 4: None of the above

Question : Statement 1: Commercial bill is a short-term negotiable instrument used for financing trade.

Statement 2: Commercial bill is a long-term bond issued by the government.

Option 1: Statement 1 is true, and statement 2 is true.
   

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 1 is false, and statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.