Banking General Awareness Money Market and Capital Market Question Bank Money Market and Capital Market

  • question_answer
    Treasury Bills means

    A)  salary bills drawn by Government officials on the treasury

    B)  bills drawee by the Government contractors and other suppliers on the treasury for the dues owed to them by the Government

    C)  obligation of the Government of India issued by the Reserve Bank of India and payable normally 91 days after issue

    D)  a mode of drawings by the Treasury Office on the Reserve Bank of India

    E)  None of the above

    Correct Answer: C


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