Commercial Papers are issued in multiple of _______
Rs. 5 lakh
Understanding Commercial Papers (CPs)
Commercial Paper (CP) is a short-term, unsecured promissory note issued by corporations and financial institutions to raise funds. It is a money market instrument that provides a flexible source of working capital for companies.
Issuance Denomination of Commercial Papers
Commercial Papers are highly regulated instruments, and their issuance follows specific guidelines, primarily set by the Reserve Bank of India (RBI) in India. One important guideline relates to the minimum denomination in which these papers can be issued and traded.
According to the regulations governing the issuance of Commercial Paper, they must be issued in a specific multiple.
Commercial Papers are issued in multiples of:
- Rs. 5 lakh
This means that the minimum amount for which a single Commercial Paper can be issued is Rs. 5 lakh, and any larger amount must be in increments of Rs. 5 lakh (e.g., Rs. 10 lakh, Rs. 15 lakh, Rs. 20 lakh, and so on).
This standardized denomination helps in the trading and settlement of Commercial Papers in the market.
Important Questions from Miscellaneous
A stone is thrown horizontally from the top of a 20 m high building with a speed of 12 m/s. It hits the ground at a distance R from the building. Taking g = 10 m/s2 and neglecting air resistance will give :
A sphere of volume V is made of a material with lower density than water. While on Earth, it floats on water with its volume f1V (f1 < 1) submerged. On the other hand, on a spaceship accelerating with acceleration a < g (g is the acceleration due to gravity on Earth) in outer space, its submerged volume in water is f2V. Then:
A railway wagon (open at the top) of mass M1 is moving with speed v1 along a straight track. As a result of rain, after some time it gets partially filled with water so that the mass of the wagon becomes M2 and speed becomes v2. Taking the rain to be falling vertically and the water stationery inside the wagon, the relation between the two speeds v1 and v2 is :
Consider the following statements:
1. Distance between the longitudes becomes zero on North Pole and South Pole.
2. Distance between the longitudes is maximum on the Equator.
3. Number of longitudes is more than number of latitudes.
Which of the statements given above is/are correct?
One block of 2⋅0 kg mass is placed on top of another block of 3⋅0 kg mass. The coefficient of static friction between the two blocks is 0⋅2. The bottom block is pulled with a horizontal force F such that both the blocks move together without slipping. Taking acceleration due to gravity as 10 m/s2, the maximum value of the frictional force is :
