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      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.

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