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Match List I with List II

LIST ILIST II
A. Treasury BillI.Mobilise large amount of money
B. Commercial paperII.Maturity period of one day to fifteen days
C. Call moneyIII.Maturity period of 15 days to one year
D. Certificate of DepositIV.Issued by RBI

Choose the correct answer from the options given below:

Solution

Correct Option: 3

Treasury Bill is issued by RBI (IV). Commercial Paper has maturity of 15 days to one year (III). Call money has a very short maturity of 1 to 15 days (II). Certificate of Deposit is used to mobilise large amounts of money (I). Thus, A-IV, B-III, C-II, D-I.

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