Answer-A Treasury Bill (T-Bill) is a:

Treasury Bills are short-term less than one year money market instruments issued by the Government of India to finance its short-term borrowing requirements. They are issued at a discount and redeemed at face value.

Question

A Treasury Bill (T-Bill) is

A Long-term debt instrument issued by corporations.

B Short-term debt instrument issued by the Government.

C Long-term equity instrument.

D Short-term secured corporate bond.

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A Treasury Bill (T-Bill) is

Solution