Who amongst the given entities can invest in a commercial paper?Options Individuals Banking companies NRIs FIIs All of the above
Question
Who amongst the given entities can invest in a commercial paper?
Options
- Individuals
- Banking companies
- NRIs
- FIIs
- All of the above
Solution
The question asks which entities can invest in a commercial paper, and the options provided are Individuals, Banking companies, NRIs (Non-Resident Indians), FIIs (Foreign Institutional Investors), and "All of the above".
Breakdown of the Entities:
- Individuals: Individuals can invest in commercial papers as they are a type of money market instrument.
- Banking Companies: Banking companies are typically allowed to invest in commercial papers as part of their investment portfolio.
- NRIs (Non-Resident Indians): NRIs can also invest in commercial papers, provided they adhere to the regulatory framework governing such investments.
- FIIs (Foreign Institutional Investors): FIIs are permitted to invest in commercial papers subject to foreign investment regulations.
Final Answer:
Based on these considerations, the correct answer is All of the above. All specified entities can invest in commercial papers, making this option the most comprehensive.
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