economics medium MCQ

Treasury Bills (T-bills) in India are issued by:

  1. SEBI on behalf of corporates
  2. RBI on behalf of the Central Government
  3. State Governments directly
  4. NABARD for rural credit

Answer: RBI on behalf of the Central Government

T-bills are zero-coupon, short-term debt instruments issued by the Reserve Bank of India on behalf of the Government of India to manage short-term liquidity mismatches. They are currently issued in tenures of 91 days, 182 days, and 364 days.

Topic Financial Markets - Capital Market
Exam Relevance UPSC Prelims, SSC CGL, Banking
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