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.
Under which activity would the payment of dividend be classified as, in a cashflow statement?
What is the standard deduction allowed on income from salaries under New Tax regime of Income Tax as announced in the Union Budget 2024-25?
A type of market where debt and stocks are traded and maturity period is more than a year is known as
The balance of cash book showsÂ
An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
 A type of market in which securities with less than one year maturity are traded, is classified as
ABC Ltd. incurs direct material cost ₹8,00,000, direct labour ₹5,00,000, and factory overheads 60% of direct labour. Administration overheads are �...
Dearness allowance is taxable in case of:
Which one of the following documents is not considered as a negotiable instrument under the Negotiable Instrument Act, 1881?
Preliminary expenses are the best example for _________.
