Match the LIST-I with LIST-II
LIST-I (Money Market Instrument) LIST-II (Associated keywords) A. Call Money I. Unsecured, negotiable, short-term instruments in bearer form issued by commercial banks. B. Certificate of deposit II. Short term borrowing by Govt. of India C. Treasury Bill III. Unsecured promissory note, negotiable and transferable by endorsement issued by large creditworthy companies. D. Commercial Paper IV. Short term finance repayable on demand used for inter-bank transactions.
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I (Money Market Instrument) | LIST-II (Associated keywords) |
|---|---|
| A. Call Money | I. Unsecured, negotiable, short-term instruments in bearer form issued by commercial banks. |
| B. Certificate of deposit | II. Short term borrowing by Govt. of India |
| C. Treasury Bill | III. Unsecured promissory note, negotiable and transferable by endorsement issued by large creditworthy companies. |
| D. Commercial Paper | IV. 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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