Question
A highly-rated corporate borrower intends to issue a
Commercial Paper (CP) to fund its working capital needs. To remain compliant with the latest RBI Directions, the company must ensure that the CP is issued for a minimum duration of ________, a maximum duration of ________, and that any buyback of this instrument is initiated only after the lapse of ________ from the date of issue.Solution
CPs are unsecured promissory note; issued at a discount to face value. These are used by corporates to raise short term funds.  Under current RBI (Money Market Instruments) Directions, CPs can be issued for a minimum maturity period of 7 days and a maximum of up to one year from the date of issue. The CP should be credit rated with Minimum credit rating of A3. The issue has to be in dematerialized form and must be i ssued in denominations of Rs.5 lakh or multiples thereof . In case of a buyback offer of the CP, the buyback offer may not be made before 30 days from the date of issue.
In round 8 Yates again (A)/interfered in the action (B)/when he deducts (C)/a point off of Soto-Karas (D)/for an inadvertent low blow (E).
In the following questions, each sentence is divided into four parts, which are labelled a, b, c, and d, one of these parts may contain an error. If th...
In each of the questions, a sentence is divided into five parts A, B, C, D and E in which two of the parts have some grammatical errors in them. You ha...
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...
In each question below, a sentence is given with a part of it being bold. That part may contain a grammatical error. Each sentence is followed by phras...
Read the sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part or more of the sentence. Choose the o...
In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your an...
Identify the segment in the sentence which contains the grammatical error. If there is no error, select 'No error'
In about two weeks our holi...
Each of the following sentences has been divided into five parts (a), (b), (c), (d) and (e). One of these parts may contain a grammatical or contextual...
He said that timely police action could have been prevented the attack.