Practicing Success
Match List I with List II.
Choose the correct answer from the options given below. |
(A)-(I), (B)-(IV), (C)-(III), (D)-(II) (A)-(II), (B)-(I), (C)-(III), (D)-(IV) (A)-(III), (B)-(II), (C)-(I), (D)-(IV) (A)-(IV), (B)-(I), (C)-(II), (D)-(III) |
(A)-(IV), (B)-(I), (C)-(II), (D)-(III) |
The correct answer is Option (4) → (A)-(IV), (B)-(I), (C)-(II), (D)-(III) * Call Money: Call money is short term finance repayable on demand, with a maturity period of one day to fifteen days, used for inter-bank transactions. Call money is a method by which banks borrow from each other to be able to maintain the cash reserve ratio. * Commercial Paper: Commercial paper is a short-term unsecured promissory note, negotiable and transferable by endorsement and delivery with a fixed maturity period. It is issued by large and creditworthy companies to raise short-term funds at lower rates of interest than market rates. * Treasury Bill: A Treasury bill is basically an instrument of short-term borrowing by the Government of India maturing in less than one year. Treasury bills are available for a minimum amount of Rs 25,000 and in multiples thereof. * Commercial Bill: A commercial bill is a bill of exchange used to finance the working capital requirements of business firms. It is a short-term, negotiable, self-liquidating instrument which is used to finance the credit sales of firms. |