Economics · Financial Markets
An unsecured short-term promissory note, negotiable and transferable by endorsement and delivery with a fixed maturity period, issued at a discount by creditworthy corporates, primary dealers, and all-India financial institutions is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Repo
- 2Certificate of Deposit
- 3Commercial Paper✓
- 4Treasury Bill
Correct answer
Commercial Paper
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