RBI issues to the central government to help them pay its financial obligation.

Trade Bill

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Commercial paper

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Call Money

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Treasury Bill

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Solution

The correct option is D Treasury Bill
RBI issues treasury bill to the central government to help them pay its financial obligation. T-bills are issued in the form of a promissory note.

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Similar questions

When the trade bill is accepted by commercial banks, it is known as a commercial bill. State true or false.

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