Business Studies, asked by Lakshita4660, 10 months ago

What is ad hoc treasury bill

Answers

Answered by naresh09meena20

Ad hoc means particular case, thus ad hoc treasury bills are issued for providing investment outlets to state government, semi govt. department and foreign central banks for their temporary surpluses.

Ad hoc bills are sold by RBI on the behalf of central government.

...............Thank you.....................

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