In India, who is responsible for conducting auctions of

Q: Answer-In India, who is responsible for conducting auctions of Treasury Bills (T-Bills) on behalf of the Go...

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.

Treasury Bills (T-Bills) on behalf of the Government of India?

A Ministry of Finance Correct Answer Incorrect Answer

B Reserve Bank of India (RBI) Correct Answer Incorrect Answer

C Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer

D Small Industries Development Bank of India (SIDBI) Correct Answer Incorrect Answer

E State Governments Correct Answer Incorrect Answer

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.

Practice Next

Relevant for Exams:

SIDBI Grade A (Assistant Manager)

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question