Home›MPPSC Mains (Eng)›General Studies III›Part A: Economics›Unit 2: Taxation and Policy Landscape›Monetary Policy and Financial Inclusion in India›Write a short note on Commercial Paper in 20 words.

Write a short note on Commercial Paper in 20 words.

20153M
Model Answer

Commercial Paper (CP): Unsecured short-term money market promissory note issued by highly rated creditworthy corporations to raise working capital (maturity 7 days to 1 year).

हिंदी में प्रश्न एवं आदर्श उत्तर

वाणिज्यिक पत्र पर 20 शब्दों में संक्षिप्त टिप्पणी लिखिए।

वाणिज्यिक पत्र (Commercial Paper): उच्च साख वाली कंपनियों द्वारा कार्यशील पूँजी हेतु जारी किया जाने वाला अल्पकालिक असुरक्षित प्रतिज्ञा पत्र।

See this question in context →
Free Android App

Practice Better on the StatePYQ Mobile App

⚡ Error Diary · ⏱ Timed Mains Answer Pacer · 📴 Offline Revision Vault

Get it onGoogle Play