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With reference to the Indian economy, consider the following statements:

1.‘Commercial Paper’ is a short-term unsecured promissory note.

2.‘Certificate of Deposit’ is a long-term instrument issued by the Reserve Bank of India to a corporation.

3.‘Call Money’ is a short-term finance used for interbank transactions.

4.‘Zero-Coupon Bonds’ are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to corporations.

Which of the statements given above is/are correct?

 

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1. '????????? ????' ?? ????????? ????????? ??????? ???

2. '?????????? ?? ???????' ?????? ??????? ???? ?????? ???? ?? ???? ???? ??? ?? ?????????? ???? ???

3.'?? ??? '?? ????????? ????? ?? ????? ????? ???????? ?????? ?? ??? ???? ???? ???

4.'????-???? ????? '???????? ????????? ?????? ?????? ?????? ?? ???? ??? ?? ???????? ???? ????

??? ??? ?? ????? ??? ?? ??? ?? ??? ?? / ????

 

[UPSC CSE PRE 2020]
A
B
C
D

EXPLANATION

Answer: (c) Explanation: Commercial paper is a commonly used type of unsec...
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