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.
Consider the given statements about MUDRA Bank:
(I) MUDRA stands for Mini Units Development & Restructure Agency.
(II) MUDRA was launched ...
How many women will be selected for the EmpowHER Biz initiative under the WEP of NITI Aayog?
World Vegan Day is celebrated every year on which of the following days?
How much investment has the government allocated for the Pradhan Mantri Matsya Sampada Yojana (PMMSY)?
The 30th edition of National Children’s Science Congress was started on 27th January, 2023 in which state of India?
The Asian Development Bank (ADB) approved a USD 200 million loan for the expansion of metro rail corridors in which Indian city in July 2024?
Which year saw the enactment of the Environment (Protection) Act in India?Â
In which of the following year the Taj Mahal was inscribed in the World Heritage List of UNESCO?
Which nation is being aided by the Indian government to combat locusts, including the supply of 40,000 liters of Malathion, an environmentally friendly ...
Okhla Bird Sanctuary is situated in which of the following state?
