Is commercial paper safe?

The commercial paper is considered to be a fairly low-risk investment because of the extremely short-term nature of the securities and the fact that its issuers are large institutions with strong balance sheets.

Further Readings – 

  1. Types of Cheque in Indian Banking System
  2. Chequebook Diplomacy
  3. Financial Market
Related Links
Types of Money Syllabus and Strategy for UPSC Economy
List of Committees & Their Purposes UPSC Mains General Studies Paper-3 Strategy, Syllabus & Structure
National Payments Corporation of India (NPCI)  UPSC Mains Economy Questions

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