A Treasury Bill is basically

an instrument to borrow short term funds

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an instrument to borrow long term funds

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an instrument of capital market

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None of the above

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Solution

The correct option is A
an instrument to borrow short term funds

Treasury Bills are an instrument to borrow short term funds. These are issued by RBI on behalf of the Government of India.

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Similar questions

Treasury Bill is basically

(a) An instrument to borrow short-term funds.

(b) An instrument to borrow long-term funds.

(d) None of the above.

A Treasury bill is an instrument of _____________.

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