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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