Bids of bidder which tells that how much treasury bills bidder wants to buy is classified as
A. federal acceptance bid
B. bankers
C. non-competitive bids
D. competitive bids
Answer: Option C
Solution(By Examveda Team)
Bids of bidder which tells that how much treasury bills bidder wants to buy is classified as non-competitive bids. Non-competitive bidding means the bidder would be able to participate in the auctions of dated government securities without having to quote the yield or price in the bid.This Question Belongs to Management >> International Finance And Treasury
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