Central government is a borrower in the money market through the issue of _______.
Q.1 (A) (5) Central government is a borrower in the money market through the issue of _______.
A. commercial papers
B. trade bills
C. treasury bills
Q.1 (A) (5) Central government is a borrower in the money market through the issue of _______.
A. commercial papers
B. trade bills
C. treasury bills
Best answer
Answer: C. treasury bills
Answer: (c) treasury bills
Treasury bills are short-term money market instruments issued by the RBI on behalf of the Central Government to borrow funds for periods up to one year (91, 182 and 364 days).
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