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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