Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI

1 Answer

Answer :

C. Government of India Explanation: Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the Government of India issues three types of treasury bills through auctions, namely, 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments.

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