Consider the following statements and identity the true ones.
1. Treasury bills are used by government to get Long-term loans.
2. The maturity period of a treasury bill in India ranges from 14 days to 365 days.
A. Only 1 is true
B. Only 2 is true
C. Both 1 and 2 are true
D. Neither 1 nor 2 is true
Answer: Option C
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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