Question
In India, Treasury bills (T-bills) are auctioned by
_____Solution
Treasury bills (T-Bills) are short term (less than 1 year maturity) government debt securities that are auctioned by the Reserve Bank of India (RBI) on behalf of 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).
Which Private sector lender has been authorized by the RBI to undertake government business on behalf of the banking regulator?
RBI recently launched new service, called UPI 123Pay, for _____________________.
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What novel earned Samantha Harvey the 2024 Booker Prize?
HSBC India has appointed which Indian cricketer as its brand influencer?
Recently NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India (NPCI), has partnered with which private...
For which age group is ITVISMA approved, as per UAE regulatory clearance?
Which United Nations body is responsible for standards setting in the field of statistics?
According to the data provided by the Reserve Bank of India, bank loans to the services sector grew to _____ in April-December 2022 .
Who has been roped as the brand ambassador of UpGrad?
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