While regulator in India regulates and provide

guidelines on issuance of commercial papers?

A Insurance Regulatory and Development Authority of India (IRDAI) Correct Answer Incorrect Answer

B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer

C Federation of Indian Chambers of Commerce and Industry (FICCI) Correct Answer Incorrect Answer

D Ministry of Corporate Affairs (MCA) Correct Answer Incorrect Answer

E Reserve Bank of India (RBI) Correct Answer Incorrect Answer

Solution

The RBI regulates and provides guidelines on the issuance of commercial papers in India, which are short-term unsecured promissory notes issued by companies to raise funds for their short-term financing needs. Option A is incorrect as SEBI is a regulatory body for the securities market in India, and is not directly responsible for the regulation of commercial papers.

Practice Next

Relevant for Exams:

IFSCA Officer Grade A (Assistant Manager)

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question