Question
What primary function do Treasury Bills (T-Bills) serve in
government finance?Solution
Treasury Bills (T-Bills) are primarily issued by governments to secure short-term funding for immediate fiscal requirements, such as covering operational expenses or financing short-duration development initiatives. Additionally, the Reserve Bank of India (RBI) utilizes these financial instruments in open market operations as mechanisms to manage liquidity within the banking system and as a tool for inflation control.
On which date is Pravasi Bharatiya Divas observed annually?
What does 'VAT' stand for in taxation?
Who among the following is a Carnatic music vocalist?
What is the name of the Election Commission of India app used to report violations of the Model Code of Conduct?
Tattvabodhini Patrika promoted the study of India’s past in which language?
In which city is NABARD headquartered?
- Which statement regarding the repo rate is INCORRECT?
- Where is the Indian Institute of Pulses Research (IIPR) located?
Match the following committees with their domain of work:
- Work done in physics can be:
I. Zero
II. Positive
III. Negative