📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    A short-term government security paper is called

    ______?
    A Equity Correct Answer Incorrect Answer
    B Debenture Correct Answer Incorrect Answer
    C Mutual fund Correct Answer Incorrect Answer
    D Treasury bill Correct Answer Incorrect Answer

    Solution

    Treasury bills are money market instruments issued by the Government of India as a promissory note with guaranteed repayment at a later date.

    Practice Next

    Relevant for Exams:

    ask-question