Q. A treasury bill is government debt of _ days.

A
45
B
90
C
30
D
60
Solution:
  • Treasury bills are issued when the government need money for a shorter period.
  • Treasury bills, also known as T-bills, are short-term financial instruments issued by the Government of India.
  • They are now available in three tenors: 91 days, 182 days, and 364 days.
  • Treasury bills are zero coupon interest-free securities.
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