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      Question

      As per RBI guidelines, what is the minimum maturity

      period allowed for Commercial Paper (CP) in India?
      A 1 day Correct Answer Incorrect Answer
      B 7 days Correct Answer Incorrect Answer
      C 15 days Correct Answer Incorrect Answer
      D 30 days Correct Answer Incorrect Answer
      E 90 days Correct Answer Incorrect Answer

      Solution

      CPs are short-term unsecured debt instruments. As per RBI guidelines, they must have a minimum maturity of 7 days and a maximum of 1 year.

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