#Directorate of Distance Education, Rabindra Bharati University, Kolkata #Pandit Panchaxara Gavaigalavar Arts College, Gadag #Mount Zion Law College, Pathanamthitta #India #BEL First Grade College, Bangalore

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Question : In India, the Central government issues treasury bills with a maturity period of:

Option 1: 30 days
Option 2: 60 days
Option 3: 90 days
Option 4: 120 days

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Team Careers360 10th Jan, 2024

Answer (1)

Team Careers360 22nd Jan, 2024

Correct Answer: 90 days

Solution : The correct answer is (c) 90 days.

Treasury bills are short-term debt instruments issued by the government to meet its short-term financing needs. The 90-day treasury bills are commonly issued and serve as an important tool for managing liquidity in the financial system and meeting short-term funding requirements. Thank you for pointing out the error, and I apologize for any confusion caused.

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