ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A treasury bill is basically an instrument of short-term borrowing by the Government of India maturing in less than one year. Treasury bills enable government to get short term borrowings as these bills are sold to banks and general public.

Detailed explanation-2: -A Treasury Bill is an instrument to borrow short term funds by the Government of India. They have a maturity period of less than a year. They are also called Zero-Coupon Bonds. They are issued by the RBI on behalf of the Central Government.

Detailed explanation-3: -Treasury Bills are short-term securities with five term options, from 4 weeks up to 52 weeks. Bills are sold at face value or at a discount from the face value. When they mature, you’re paid the face value. More About Treasury Bills.

Detailed explanation-4: -Treasury Bills (or T-Bills for short) are a short-term financial instrument that is issued by the US Treasury with maturity periods ranging from a few days up to 52 weeks (one year). They are considered among the safest investments since they are backed by the full faith and credit of the United States Government.