Vidyalelo
Commerce · Q622

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 622

Q622

Consider the following statements and identity the true ones. 1. Treasury bills are used by government to get Long-term loans. 2. The maturity period of a treasury bill in India ranges from 14 days to 365 days.

A.
Only 1 is true
B.
Only 2 is true
C.
Both 1 and 2 are true
Answer
D.
Neither 1 nor 2 is true

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board