1. Reserve Bank of India |
2. State Bank of India |
3. HDFC Bank |
4. ICICI Bank |
A) 1 only
B) 2 only
C) 3 only
D) 4 only
Correct Answer: A
Solution :
Certificate of Deposit (CD) and Commercial Paper (CP) markets were introduced by Reserve Bank of India in March 1989 in order t0 widen the range of money market instruments and give investors greater flexibility in the deployment of their short- term surplus funds.You need to login to perform this action.
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