CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
2
You visited us 2 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following are securities that can be exchanged within a brief period?

A
Public securities
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Government bonds
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Treasury bills
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Loans
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Treasury bills
Banks collect money from the public and in return, they provide bills or public securities.

There are short-term bills or securities that can be exchanged within 91 days, 182 days, or 364 days. These are called treasury bills.

On the other hand, there are certain types of public securities that can only be exchanged after a long period of time. These are called government bonds.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Mindfulness
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon