BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the maximum period of maturity prescribed for Commercial Paper (CP)?
|
|
10 years
|
|
|
06 years
|
|
|
01 Year
|
|
|
02 years
|
Explanation:
Detailed explanation-1: -Further, the participants shall ensure at the time of issuance of CP that the rating so obtained is current and has not fallen due for review. 5. CP can be issued for maturities between a minimum of 15 days and a maximum upto one year from the date of issue.
There is 1 question to complete.