Detailed explanation and options for the selected question.
With reference to Commercial Paper, Certificate of Deposit, Call Money, and Zero-Coupon Bonds, which of the following statements is correct?
A.
CP is a short-term unsecured note; CDs are long-term instruments by the RBI; Call Money is short-term interbank finance; Zero-Coupon Bonds are issued by Scheduled Commercial Banks
B.
CP is short-term; CDs are long-term instruments; Call Money is short-term; Zero-Coupon Bonds are not issued by banks
C.
Only CP and Call Money are correctly described
D.
Only Zero-Coupon Bonds are incorrectly described