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Is commercial paper liquid?

Commercial paper is considered a liquid asset, the one that can be converted to cash easily with little loss of value because, as noted, the typical issue matures in less than seven weeks.

Further Readings – 

  1. Types of Cheque in Indian Banking System
  2. Chequebook Diplomacy
  3. Financial Market
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National Payments Corporation of India (NPCI)  UPSC Mains Economy Questions

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