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Question
Treasury bills are also known as Zero Coupon Bonds that are available for a minimum of ______ and in multiples thereof.
Treasury bills are also known as Zero Coupon Bonds that are available for a minimum of ______ and in multiples thereof.
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Solution
The correct option is B 25000
Treasury bills are also known as Zero Coupon Bonds that are available for a minimum of and in multiples thereof. A treasury bill is basically an
instrument of short-term borrowing by the Government of India maturing
in less than one year. Treasury bills enable government to get short
term borrowings as these bills are sold to banks and general public.
Maturity of Treasury bills varies from 14 to 364 days.
Treasury bills are also known as Zero Coupon Bonds that are available for a minimum of and in multiples thereof. A treasury bill is basically an instrument of short-term borrowing by the Government of India maturing in less than one year. Treasury bills enable government to get short term borrowings as these bills are sold to banks and general public. Maturity of Treasury bills varies from 14 to 364 days.
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