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      Question

      Who among the following cannot issue commercial

      papers?
      A Scheduled Commercial Banks Correct Answer Incorrect Answer
      B Corporates Correct Answer Incorrect Answer
      C Primary dealers (PDs) Correct Answer Incorrect Answer
      D All-India Financial Institutions (FIs) Correct Answer Incorrect Answer
      E All of the above can issue CPs Correct Answer Incorrect Answer

      Solution

      CPs can be issued by corporations, primary dealers (PDs), all-India financial institutions (FIs), and non-banking finance companies (NBFCs). However, SCBs are not allowed to issue CPs.

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