Question

Answer after reading following about Treasury Bill.
(A) A Treasury Bill is an instrument of short term borrowing by the Government of India
(B) The maturity period of a Treasury bill is more than one year
(C) Treasury bills are also known as Zero Coupon Bonds
(D) Treasury bills are available for a minimum amount of ₹ 20,000
(E) Treasury bills are issued at a price which is lower than their face value and repaid at par.
Choose the correct answer from the options given below:

• A. (A), (B), (C) and (E) Only
• B. (A), (C) and (E) Only
• C. (A), (B), (C) and (D) Only
• D. (A), (B) and (E) Only

Answer 1

The Correct Option is B

The Correct Option is (B): (A), (C) and (E) Only