📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    The maximum tenor of Commercial Paper (CP) in India

    is:
    A 30 days Correct Answer Incorrect Answer
    B 90 days Correct Answer Incorrect Answer
    C 182 days Correct Answer Incorrect Answer
    D 270 days Correct Answer Incorrect Answer
    E 364 days Correct Answer Incorrect Answer

    Solution

    As per RBI guidelines, CPs have a minimum maturity of 7 days and a maximum of 270 days.

    Practice Next
    More Money Market Questions

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call