2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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12 weeks
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26 weeks
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48 weeks
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52 weeks
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Detailed explanation-1: -1.3 Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 day, 182 day and 364 day.
Detailed explanation-2: -Treasury bills have a maturity of one year or less, and they do not pay interest before the expiry of the maturity period. They are sold in auctions at a discount from the par value of the bill. They are offered with maturities of 28 days (one month), 91 days (3 months), 182 days (6 months), and 364 days (one year).
Detailed explanation-3: -Bills at a Glance Now issued in. Electronic form only. Matures in. 4, 8, 13, 17, 26, and 52 weeks.
Detailed explanation-4: -The 182 days bills is an approved investment for SLR purpose of banks. It will also be considered as an eligible collateral for borrowing under the stand-by refinance facility. The 182 days bill will not be rediscounted by the Reserve Bank of India.