ECONOMICS
FINANCIAL MARKETS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
6
|
|
|
7
|
|
|
4
|
|
|
2
|
Detailed explanation-1: -Minimum investment As per the regulations put forward by the RBI, a minimum of Rs. 25, 000 has to be invested by individuals willing to procure a short term treasury bill.
Detailed explanation-2: -Treasury bills are issued when the government needs money for a shorter period while bonds are issued when it need finance for more than five years. Treasury bills: Generally called as T-bills, have a maximum maturity period of 364 days. They are categorized as money market instruments.
Detailed explanation-3: -Types of Treasury Bills Treasury Bills were first issued in India in 1917. At present, the active T-Bills are 91-days T-Bills, 182-day T-Bills and 364-days T-Bills.
Detailed explanation-4: -To purchase treasury bills in India, you would typically need to work through a bank or broker permitted to participate in the T-bill auction process. You would require a Demat account and trading account and a trading platform to hold the T-bills.