Treasury bills in India are issued by
- A.the Securities and Exchange Board of India
- B.the Reserve Bank of India on behalf of the Government of India
- C.the State Bank of India
- D.the Ministry of Corporate Affairs
Show answer
A treasury bill is an instrument of the government's short-term borrowing, and the Reserve Bank of India, as banker and debt manager to the government, issues it on the government's behalf through auctions.
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