1
Question
____________ are also called zero coupon bonds.
____________ are also called zero coupon bonds.
Open in App
Solution
The correct option is C Treasury bills
(c) Treasury bills
Explanation: Treasury bills are money market instruments provided by the Government of India as a promissory note with ensured reimbursement on a specific date in the future. Assets gathered through such tools are ordinarily used to meet momentary necessities or for short-term use requirements of the public authority, thus, lessening the overall financial deficiency of a country.v
Treasury bills
(c) Treasury bills
Explanation: Treasury bills are money market instruments provided by the Government of India as a promissory note with ensured reimbursement on a specific date in the future. Assets gathered through such tools are ordinarily used to meet momentary necessities or for short-term use requirements of the public authority, thus, lessening the overall financial deficiency of a country.v
Suggest Corrections
0
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
