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Banking General Awareness Money Market and Capital Market Question Bank Money Market and Capital Market

  • question_answer
    Commercial Paper (CP) is an unsecured money market instrument issued in the from of a promissory note. Commercial paper can be used in denominations of                                                               [SBI PO 2014]

    A) Rs. one lakh or multiples thereof

    B) Rs. two lakh or multiples thereof

    C) Rs. three lakh or multiples thereof

    D) Rs. five lakh or multiples thereof

    E) Rs. ten lakh or multiples thereof

    Correct Answer: D

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