Question
EconomyFinancial Markets and InvestmentBonds and Debt InstrumentsMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Concept understanding
- Tags:
- money-market instruments · Bonds and Debt Instruments
- Related topics:
- Monetary Policy and Liquidity Management
Classification and difficulty are editorial labels. Explanations are awaiting review.
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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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Question 70 · Bonds and Debt Instruments · Economy · UPSC Prelims 2020 (GS)