GENERAL KNOWLEDGE

GK

BANKING AWARENESS AND SEBI

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What kind of Treasury Bills (T-Bills) is/ are issued by State Government?
A
91 - days
B
182 - days
C
364 - days
D
No Treasury Bills issued by State Government
Explanation: 

Detailed explanation-1: -Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments. 3.

Detailed explanation-2: -Treasury bills are one of several types of debt issued by the U.S. Department of the Treasury.

Detailed explanation-3: -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).

There is 1 question to complete.