SELECT * FROM question_mgmt as q WHERE id=5301 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=20 AND chapterId=599 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED) CBSE Free NCERT Solution of 12th business-studies Financial Markets what is a treasury bill

Question:

What is a Treasury Bill?

Answer:

Treasury Bill is an instrument of short-term debt, issued by the RBI on behalf of central Government to meet short-term requirement of funds.

  • They are issued in the form of a promissory note, having maturity period of less than one year.
  • They are highly liquid and have assured returns and with negligible risk of default.
  • They are available for a minimum amount of ₹ 25,000, and in multiples thereof.
  • They are also known as ‘Zero coupon bonds’ as they do not pay any interest, but since the issue price is less than the redemption value, this difference is the interest receivable on them.


SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='3' AND subId='20' AND ex_no!=0 AND status=1 and id!=5301 ORDER BY views desc, last_viewed_on desc limit 0,10
SELECT ex_no,question,question_no,id,chapter FROM question_mgmt as q WHERE courseId='3' AND subId='20' AND ex_no!=0 AND status=1 and id!=5301 ORDER BY last_viewed_on desc limit 0,10

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  • Answered by Ekta Mehta
  • 4 months ago

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