Economics · Financial Markets & Instruments
Match List-I (Capital/Money Market Instrument) with List-II (Correct Description): List-I A. Debenture B. Treasury Bill C. Preference Share D. Commercial Paper List-II I. An unsecured short-term promissory note issued by corporates to meet working capital needs II. A long-term debt instrument issued by companies, secured by a charge on company assets III. A government-issued short-term instrument sold at a discount, redeemed at face value IV. A share conferring priority over equity shares in both dividend payment and capital repayment
- 1A-IV, B-III, C-II, D-I
- 2A-III, B-I, C-II, D-IV
- 3A-I, B-II, C-IV, D-III
- 4A-II, B-III, C-IV, D-I✓
Correct answer
A-II, B-III, C-IV, D-I
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