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.
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Sum of the three numbers is 150. Ratio of the first number to second number is 3:5 and the ratio of second number to third number is 5:7. Find the secon...
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What is the smallest number that should be added to 673 so that the sum becomes exactly divisible by 9?
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A two-digit number has a sum of its digits equal to 9. Additionally, if 27 is subtracted from this number, the resulting number has its digits reversed....
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