Economics › Finance/Capital Market

With reference to the Indian economy, consider the following statements:
1. ‘Commercial Paper’ is a short-term unsecured promissory note.
2. ‘Certificate of Deposit’ is a long-term instrument issued by the Reserve Bank of India
to a corporation.
3. ‘Call Money’ is a short-term finance used for interbank transactions.
4. ‘Zero-Coupon Bonds’ are the interest bearing short-term bonds issued by the
Scheduled Commercial Banks to corporations.
Which of the statements given above is/are correct?

In the context of the Indian economy, non-financial debt includes which of the following?
1. Housing loans owed by households.
2. Amounts outstanding on credit cards
3. Treasury bills
Select the correct answer using the code given below: