| 1. Ad hoc treasury bills are sold to the banks and public and are freely marketable. |
| 2. Regular treasury bills are not sold to the banks and the general public, and are not marketable. |
A) 1 only
B) 2 only
C) 1 and 2
D) None of the Above
Correct Answer: D
Solution :
Ad hoc treasury bills are not sold 10 the banks and the general public, and are not marketable while regular treasury bills are sold by Reserve Bank of India on behalf of the Central Government.
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