Question

In money market, in India two types of bills are issued.
a. One of the type of bills is a commercial bill. Name the other type of bill issued in the
money market and who issues it.
b. State the duration and the minimum denomination of the bills as identified in part 'a' of
the question.​

Answer 1

Answer:

T bill ( treasury bills) .....maturity period is 91, 182 or 364 days

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