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Which of the following is true i)Commercial Paper were introduced in 1990 ii)Issued by large companies,corporations iii)Minimum maturity period is 15 days iv)Maximum maturity period is 365 days v)Amount is 5 lakhs or multiple of 5 lakhs

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Which of the following is true

i)Commercial Paper were introduced in 1990

ii)Issued by large companies,corporations

iii)Minimum maturity period is 15 days

iv)Maximum maturity period is 365 days

v)Amount is 5 lakhs or multiple of 5 lakhs


1). Only i and ii
2). Only i,ii and v
3). Only i,iii and v
4). Only ii,iii,iv


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1 answers

2 vote
Answered by on | Votes 2 |
Commercial Paper were introduced in 1990,Issued by large corporations ,companies.Amount is 5 lakhs or multiple of 5 lakh.Minimum and maximum maturity period is 7 days and 364 days.

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