Question
In India, who is responsible for conducting auctions of
Treasury Bills (T-Bills) on behalf of the Government of India?Solution
Treasury Bills (T-Bills) are short-term debt instruments issued by the Government of India with maturities of 91 days, 182 days, and 364 days. • They are zero-coupon securities, meaning they do not pay periodic interest. Instead, they are issued at a discount to face value and redeemed at par, with the difference constituting the return to the investor. • In India, T-Bill auctions are conducted by the Reserve Bank of India (RBI), which acts as the debt manager for the Central Government. • This ensures transparency, liquidity, and efficient management of short-term government borrowing.
Any security provided to the bank in exchange for a loan is known as ______.
From which city the Women's Tri-Services Motorcycle Rally was flagged off to mark the 24th Kargil Vijay Diwas?
- The Assam government and AASU have reached a consensus on how many recommendations from the Assam Accord Committee report?
What was the main feature of the logo designed by Shri Shaurya Pratap Singh for the IHRC?
Where was India’s Phenome India National Biobank inaugurated?
Consider the following statement about Mission Saksham Anganwadi and Poshan 2.0.
I. Pre-school Kit/ECCE is one of the sub-components of Saksham A...
Skateboarding, surfing and rock climbing have officially been added to the ________ Los Angeles Olympics.
The ‘INSPIRE’ program extends the existing perks, including preferential interest rates, priority banking services, and doorstep banking facilities,...
Where was India’s first cooperative multi-feed Compressed Biogas (CBG) plant inaugurated?
Who has been appointed Deputy National Security Adviser to handle internal affairs?
Relevant for Exams:
