Question
Consider the following statements about Commercial Paper
(CP): 1. It is a short-term, unsecured promissory note. 2. Only companies with a minimum net worth of ₹4 Crore are eligible to issue CP. 3. It is issued at a discount to the face value. Which of the statements above is/are correct?ÂSolution
All statements are correct. CPs are high-quality, short-term money market instruments used by corporates to meet working capital needs.
Which of the following ports is located on the western coast of India?
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As of January 2022, what is the rate of premium on the sum assured in the case of Kharif Food & Oilseeds crops under Pradhan Mantri Fasal Bima Yojana"?
The National Income Committee, which was formed to prepare authoritative estimates of India’s national income after independence, was established in w...
Which historical site in Uttar Pradesh is known as the site where Lord Buddha gave his first sermon?
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A) Self-sufficiency
B) Industrialization
C) Employment
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