Question

Which of the following actions is NOT permitted in the issuance of Commercial Paper (C

  • P and Non-Convertible Debentures (NCDs) with a maturity of up to one year?
A Issuance in dematerialized form
B Issuance with a call/put option
C Issuance with a minimum denomination of ₹5 lakh
D Tenure of CP not less than seven days
E Issuance settled within T+4 working days
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