Who among the following is / are eligible to issue Commercial papers in India?

Who among the following is / are eligible to issue Commercial papers in India?
[A]Corporates
[B]Primary dealers
[C]All-India Financial Institutions
[D]All of the above

All of the above
The Commercial Papers can be issued by listed company which have working capital of not less than Rs. 5 Crores. The corporates, primary dealers (PDs) and the All-India Financial Institutions (Fis) are eligible to issue CP.

Advertisement

Category: Banking Exams Material Section

This question "Who among the following is / are eligible to issue Commercial papers in India?" was published on GKToday on May 30, 2015 at 4:00 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments