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    Question

    Who regulates the issuance and trading of commercial

    paper in India?
    A Ministry of Finance Correct Answer Incorrect Answer
    B Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    C Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    D Insurance Regulatory and Development Authority of India (IRDAI) Correct Answer Incorrect Answer
    E Fixed Income Money Market and Derivatives Association of India (FIMMDA) Correct Answer Incorrect Answer

    Solution

    The issuance and trading of commercial paper are regulated by the Reserve Bank of India through the Reserve Bank Commercial Paper Directions, 2017 and the operational guidelines provided by the Fixed Income Money Market and Derivatives Association of India.

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