Question
Consider the following statement:
Choose the correct code.
- Ad hoc treasury bills are sold to the banks and public and are freely marketable.
- Regular treasury bills are not sold to the banks and the general public and are not marketable.
Choose the correct code.
Answer: Option D
Answer: (d)
Ad hoc treasury bills are not sold to the banks and the general public and are not marketable while regular treasury bills are sold by the Reserve Bank of India on behalf of the Central Government.
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Answer: (d)
Ad hoc treasury bills are not sold to the banks and the general public and are not marketable while regular treasury bills are sold by the Reserve Bank of India on behalf of the Central Government.
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