Question

    __________ is government bond or debt security with

    maturity of less than a year.
    A Share Correct Answer Incorrect Answer
    B Debenture Correct Answer Incorrect Answer
    C Treasury bill Correct Answer Incorrect Answer
    D Mutual Fund Correct Answer Incorrect Answer
    E Commercial Paper Correct Answer Incorrect Answer

    Solution

    Treasury bills, also called T-bills, are short term government securities with a maturity period of less than one year issued by the central government of India.

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