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Match the LIST-I with LIST-II

LIST-I (Money Market Instrument)LIST-II (Associated keywords)
A. Call MoneyI. Unsecured, negotiable, short-term instruments in bearer form issued by commercial banks.
B. Certificate of depositII. Short term borrowing by Govt. of India
C. Treasury BillIII. Unsecured promissory note, negotiable and transferable by endorsement issued by large creditworthy companies.
D. Commercial PaperIV. Short term finance repayable on demand used for inter-bank transactions.

Choose the correct answer from the options given below:

Solution

Correct Option: 4

Call money is short-term inter-bank finance repayable on demand (IV); certificates of deposit are unsecured negotiable bearer instruments issued by commercial banks (I); treasury bills are short-term borrowings of the Government of India (II); commercial paper is an unsecured promissory note issued by large creditworthy companies (III). Hence A-IV, B-I, C-II, D-III.

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