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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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