Question
Which regulator in India regulates and provide
guidelines on issuance of commercial papers?Solution
The RBI regulates and provides guidelines on the issuance of commercial papers in India, which are short-term unsecured promissory notes issued by companies to raise funds for their short-term financing needs. Option A is incorrect as SEBI is a regulatory body for the securities market in India, and is not directly responsible for the regulation of commercial papers.
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