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?
(a)
1 and 2 only
(b)
4 only
(c)
1 and 3 only
(d)
2, 3 and 4 only