Banking · Money Market Instruments
Which of the following entities is eligible to issue Commercial Paper (CP) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Foreign retail investors
- 2Individuals and sole proprietorships
- 3Corporates with a credit rating of A2 or higher✓
- 4Small-scale industries with low credit ratings
Correct answer
Corporates with a credit rating of A2 or higher
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