Detailed explanation and options for the selected question.
Consider the following statements regarding short-term financial instruments in India: 1. Commercial Paper is a short-term unsecured promissory note. 2. Certificates of Deposit are long-term instruments issued by the RBI. 3. Call Money is used for interbank short-term finance. 4. Zero-Coupon Bonds are interest-bearing short-term bonds issued by Scheduled Commercial Banks. Which of these statements are correct?