Question

business studies class XII
An investor wanted to incest `20,000 in Treasury Bills for a period of 91days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible
.Identify the reason why the investor could not invest in the Treasury Bill.

Answer 1

These are are issued by RBI on behalf of the government to collect funds.

Period 14 days to 364 days.

Issued at discount and redeemed at par.

Minimum amount is r25000