UPSC Civil Services Prelims 2013
Question 10 of 64Indian Economy

In India, ‘Treasury Bills’ are

ALong-term capital market instruments issued by companies
BShort-term government securities
CEquity instruments traded in stock exchanges
DLoans given by banks to the government

Correct Answer

The correct answer is hidden

Explanation

21 words hidden ... component of the money market and are typically issued at a discount and redeemed at face value. They are not corporate ... 18 words hidden

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