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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