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Start learning 50% faster. Sign in nowCommercial Paper is an unsecured money market instrument issued in the form of a promissory note. Commercial Paper was introduced in India in 1990 with a view to enabling highly rated corporate borrowers to diversify their sources of short-term borrowings and to provide an additional instrument to investors. Commercial paper is a money-market security issued by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.
Government of Bombay passed the first State Cooperative Societies Act in which of the following year?
Who became the first Indian American to hold the position of President of the World Bank?
National Bank for Agriculture and Rural Development (NABARD) was formed on the recommendations of which committee?
Which payment bank was the first entity in India to receive a payment bank license from the Reserve Bank of India.
Which of the following is considered a "safe-haven" asset during economic uncertainty?
Where are the headquarters of Zomato?
SEBI gave its final Nod to _______for Trading in Electronic Gold Receipt?
Consider the following statement/s about a global organization:
Statement : 1. The United Nations was established in 1945.
Statement : 2. ...
FEMA's head office is known as the _________ and is situated in Delhi.
The main objective of _______ is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international...
