Question : Which money market instrument is highlighted in the given statement? Statement: This source of finance known as bridge financing.
Option 1: Treasury bill
Option 2: Commercial paper
Option 3: Call money
Option 4: All of the above
Correct Answer: Commercial paper
Solution : The money spend in meeting the floatation course can be met by issuing commercial paper. Commercial paper is also known as bridge financing.
Hence, option B is correct.
Question : It is used for bridge financing. Which money market instrument is highlighted in the given statement?
Question : Which money market instrument is highlighted in the given statement? Statement: It's maturity period is up to one year.
Question : Which money market instrument is highlighted in the given statement? Statement: If the seller needs money before the due date he can get it discounted from the bank.
Question : Which money market instrument is highlighted in the given statement? Statement: It is a method under which banks borrow from each other so that CRR is maintained.
Question : It is an instrument of short term borrowings issued by Reserve Bank of India on behalf of Indian government. Which money market instrument is highlighted in the given statement?
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