Which of the following is the correct denition of the term commercial papers ?
(A) It is nothing but the popular name of the Judicial stamp papers used to register nancial transactions.
(B) It is one of the instruments through which Corporates raise debt from the market.
(C) It is the name of the "Certi cate of Deposits" provided by the Banks to its retail customers.

A

Only (A)

B

Only (B)

C

Only (C)

D

Both (A) and (B)

E

All (A), (B) and (C)