ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Malaysian Treasury Bills (MTB)-short-term discount securities issued by the Government of Malaysia for working capital.

Detailed explanation-2: -In India, the Central Government issues both, treasury bills and bonds or dated securities while the State Governments issue only bonds or dated securities, which are called the State Development Loans (SDLs).

Detailed explanation-3: -Government bonds and sukuk are backed by the central government, thus deemed to have a low credit risk. This is the risk of price fluctuations and is impacted by the demand and supply in the market.

Detailed explanation-4: -Malaysian Treasury Bills (MTB) and Malaysian Government Securities (MGS) are short term and long term papers issued on conventional basis by the Malaysian Government to manage the economy. Government Investment Issues (GII) are intended for similar purposes but are issued based on Islamic principles.

Detailed explanation-5: -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. Treasury bills are zero coupon securities and pay no interest.