Question

    Who among the following cannot issue commercial

    papers?
    A Scheduled Commercial Banks Correct Answer Incorrect Answer
    B Corporates Correct Answer Incorrect Answer
    C Primary dealers (PDs) Correct Answer Incorrect Answer
    D All-India Financial Institutions (FIs) Correct Answer Incorrect Answer
    E All of the above can issue CPs Correct Answer Incorrect Answer

    Solution

    CPs can be issued by corporations, primary dealers (PDs), all-India financial institutions (FIs), and non-banking finance companies (NBFCs). However, SCBs are not allowed to issue CPs.

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