Q450
Non-competitive bidding of treasury bills also allows participation of
A.
secured investors
B.
federal investors
C.
small investors
AnswerD.
large investors
Answer: Option C
Solution
Answer: Option C
Solution:
Non-competitive bidding of treasury bills also allows participation of small investors. Non-competitive bidding means the bidder would be able to participate in the auctions of dated government securities without having to quote the yield or price in the bid.