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Statements 1 is not correct : Reserve Bank of India has has well defined obligations and provides several banking services to the governments both at the centre and in states. Statements 2 and 3 are correct : Treasury bills are issued when the government need money for a shorter period while bonds are issued when it needs debt for more than say five years. Treasury bills are zero coupon securities and pay no interest. Rather, they are issued at a discount (at a reduced amount) and redeemed (given back money) at the face value at maturity. Treasury Bills are issued only by the central government in India. The State governments do not issue any treasury bills.
Who among the following is NOT a recipient of the Bharat Ratna Award in 2024?
Abel Prize award is given in the field of _______
Which bank was penalized by RBI for offering gifts and contacting customers outside 7 PM to 7 AM?
Which Kabaddi team won the Pro Kabaddi League (PKL) Season 11 by defeating Patna Pirates in the final match?
Recently which of the following mobile-first credit card firm, became the 104th unicorn in India?
Who was the first sportsperson to receive the Padma Shri award from the Government of India in hockey?
Who, among the following, was the second youngest scientist to receive the Nobel Prize for Physics in 1957 and passed away in August 2024?
Virender Singh Pathania(V.S. Pathania) took over as the ___Director General (DG) of the Indian Coast Guard; he will succeed Krishnaswamy Natarajan.
In which year was Milkha Singh awarded the Padma Shri for his outstanding achievements in athletics?
What new name was given to the Rajiv Gandhi Khel Ratna Award in 2021?