Skip to main contentSkip to solution

Match the items of List I with the correct items of List II

List IList II
A. Treasury BillI. Companies use it for bridge financing
B. Commercial PaperII. Used for inter bank transactions
C. Call moneyIII. Issued by RBI on behalf of Central government
D. Commercial BillIV. It is a bill of exchange used to finance the working capital requirement of business

Choose the correct answer from the options given below :

Solution

Correct Option: 4

A. Treasury Bills are issued by RBI on behalf of the Central Government (III).

B. Commercial Paper is used by companies for bridge financing (I).

C. Call money is very short-term inter-bank borrowing (II).

D. Commercial Bill is a bill of exchange used to finance working capital needs of business (IV).

Hence A-III, B-I, C-II, D-IV.

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question