Hello and welcome to exampundit. Today we are sharing a set of Banking and Financial Awareness Quiz on Commercial Paper for upcoming Bank exams.
The following Banking and Financial Awareness Quiz on Commercial Paper is important for the upcoming IBPS PO, Clerk, IBPS RRB and Indian Bank PGDBF 2018.
Following set of Banking and Financial Awareness Quiz has 12 questions From Commercial Paper with 5 minutes time and moderate level of difficulty.
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The following questions are created as per the recent trends and level of Bank PO & Clerk General Awareness 2018.
Test Name: Banking Awareness Quiz for Bank PO & Clerk 2018
Duration: 5 min
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Question 1 of 12
A corporate would be eligible to issue Commercial Paper only if tangible net worth of the company, as per the latest audited balance sheet, is not less than ____.Correct
Question 2 of 12
In which year, commercial paper was introduced in India?Correct
Question 3 of 12
Who among the following can issue Commercial Paper in India?Correct
Question 4 of 12
Commercial Paper (CP) is an unsecured money market instrument issued in the form of _________.Correct
Question 5 of 12
What is the minimum maturity period of Commercial Paper?Correct
Question 6 of 12
The minimum face value of Commercial Paper is in the multiples of _____.Correct
Question 7 of 12
How long can the Commercial Paper issue remain open?Correct
Question 8 of 12
In context of Commercial Paper, what does P in IPA stands for?Correct
Issuing and Paying AgentIncorrect
Issuing and Paying Agent
Question 9 of 12
Who can act as Issuing and Paying Agent (IPA) for issuance of Commercial Paper?Correct
Question 10 of 12
What is the maximum maturity period of Commercial Paper?Correct
Question 11 of 12
The minimum face value of Commercial Paper is in the denomination of _____.Correct
Question 12 of 12
As per rating symbol and definition prescribed by Securities and Exchange Board of India (SEBI), to issue a Commercial Paper, minimum credit rating shall be ____.Correct
Along with A-3 minimum ratings, ₹6 lakhs is the minimum Ticket Size for Commercial Paper.Incorrect
Along with A-3 minimum ratings, ₹6 lakhs is the minimum Ticket Size for Commercial Paper.
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