Match the items of List I with the correct items of List II
List I List II A. Treasury Bill I. Companies use it for bridge financing B. Commercial Paper II. Used for inter bank transactions C. Call money III. Issued by RBI on behalf of Central government D. Commercial Bill IV. It is a bill of exchange used to finance the working capital requirement of business
Choose the correct answer from the options given below :
Match the items of List I with the correct items of List II
| List I | List II |
|---|---|
| A. Treasury Bill | I. Companies use it for bridge financing |
| B. Commercial Paper | II. Used for inter bank transactions |
| C. Call money | III. Issued by RBI on behalf of Central government |
| D. Commercial Bill | IV. 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.
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