Bidder who can receive allocation of treasury bills before all other bidders is result of
A. highest bidder
B. lower bidder
C. zero bidder
D. non-competitive bidder
Answer: Option A
Solution (By Examveda Team)
Bidder who can receive allocation of treasury bills before all other bidders is result of highest bidder. The bidder is the party offering to buy an asset from a seller at a specific price. A bidder can be an individual or organization, and the potential purchase can be part of a multiparty transaction or an auction.This Question Belongs to Management >> International Finance And Treasury
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