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      Question

      Which among the following is not a type of treasury bill

      issued in India ?
      A 45 day Correct Answer Incorrect Answer
      B 91 day Correct Answer Incorrect Answer
      C 182 day Correct Answer Incorrect Answer
      D 364 day Correct Answer Incorrect Answer
      E All the above types are issued in India Correct Answer Incorrect Answer

      Solution

      Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the Government of India issues three types of treasury bills, namely, 91-day, 182-day and 364-day Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. In India, there are three types of treasury bills (T-bills) issued by the Reserve Bank of India (RBI): 91-day T-bills: These bills have a maturity period of 91 days and are issued at a discount to the face value. 182-day T-bills: These bills have a maturity period of 182 days and are also issued at a discount to the face value. 364-day T-bills: These bills have a maturity period of 364 days and are also issued at a discount to the face value.

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