Non-competitive bidders get allocation of treasury bills on

A. federal basis

B. last basis

C. firstly basis

D. preferential basis

Answer: Option D

Solution(By Examveda Team)

Non-competitive bidders get allocation of treasury bills on preferential basis. Treasury Bills, also known as T-bills are the short-term money market instrument, issued by the central bank on behalf of the government to curb temporary liquidity shortfalls.