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Questions and Answers
What is the minimum amount for which Treasury Bills are available?
What is the minimum amount for which Treasury Bills are available?
- Rs. 10000
- Rs. 25000 (correct)
- Rs. 50000
- Rs. 20000
What are Treasury Bills also known as?
What are Treasury Bills also known as?
- Convertible Bonds
- Municipal Bonds
- Zero Coupon Bonds (correct)
- Corporate Bonds
Who issues Commercial Paper?
Who issues Commercial Paper?
- Small businesses
- Large credit worthy companies (correct)
- Banks only
- Government agencies
How long is the maturity period for Commercial Paper?
How long is the maturity period for Commercial Paper?
What is the primary purpose of issuing Treasury Bills?
What is the primary purpose of issuing Treasury Bills?
Treasury Bills are issued by the Central Government to meet its long-term requirement of funds.
Treasury Bills are issued by the Central Government to meet its long-term requirement of funds.
Commercial Paper is a long-term secured promissory note issued by small credit worthy companies.
Commercial Paper is a long-term secured promissory note issued by small credit worthy companies.
Treasury Bills are available for a minimum amount of Rs. 25000.
Treasury Bills are available for a minimum amount of Rs. 25000.
Commercial Paper has a fixed maturity period of 15 days to one year.
Commercial Paper has a fixed maturity period of 15 days to one year.
Treasury Bills are issued at a price higher than their face value.
Treasury Bills are issued at a price higher than their face value.
Treasury Bills are issued by the RBI on behalf of the Central Government to meet its short-term requirement of funds.
Treasury Bills are issued by the RBI on behalf of the Central Government to meet its short-term requirement of funds.
Treasury Bills are also known as Zero Coupon Bonds.
Treasury Bills are also known as Zero Coupon Bonds.
Commercial Paper is a long-term secured promissory note issued by large credit worthy companies.
Commercial Paper is a long-term secured promissory note issued by large credit worthy companies.
Commercial Paper has a fixed maturity period of 15 days to one year.
Commercial Paper has a fixed maturity period of 15 days to one year.
Treasury Bills are available for a minimum amount of Rs. 25000 and in multiples thereof.
Treasury Bills are available for a minimum amount of Rs. 25000 and in multiples thereof.
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