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Treasury bills (T-Bills) are short term (less than 1 year maturity) government debt securities that are used to raise funds for the Government. These are auctioned by the Reserve Bank of India (RBI) on behalf of the government. T-bills in India are presently issued in three tenors, namely, 91 day, 182 day and 364 day. T-bills are in nature of zero coupon securities i.e. do not pay interest but are issued at a discount and redeemed at the face value at maturity, leading to the implied interest/return/yield (difference of Face Value and Issue price as a percentage of Issue price).
Who is known as the guardian and final interpreter of the constitution?
Who discovered Electron?
The constitutional reforms demanded by early nationalists (moderates) were addressed in the form of which Indian Council Act?
Which Indian constitutional article is famously described by Dr. B.R. Ambedkar as the "Heart and soul of the Constitution"?
Who is known as the "Father of Indian Constitution"?
What does the First Schedule of the Constitution of India list?
Who has the authority to increase the number of judges in the Supreme Court of India?
Which among the following schedules of the Indian Constitution deals with forms of Oaths or Affirmations?
Which Article of the Indian Constitution prohibits discrimination by the State on grounds of religion, race, caste, sex, or place of birth?
Which article of the Indian Constitution empowers the Election Commission of India?