Which among the following is are NOT correct regarding Treasury Bills ........

General Awareness : Finance Banking Awareness

Which among the following is/are NOT correct regarding Treasury Bills?

This questions was previously asked in

RBI Grade B (28 May 2022)

T-Bills are high risk money market instruments.

T-Bills are issued by central government as well as state governments.

T-Bills can be issued for the maximum duration of 180 days.

Both 1 and 3

All 1, 2 and 3

- Statement 1: Treasury Bills (T-Bills) are actually considered low-risk instruments. They are backed by the government, making them very safe.

- Statement 2: T-Bills are issued only by the central government, not by state governments.

- Statement 3: T-Bills are issued for various durations, including 91, 182, and 364 days, but not limited to a maximum of 180 days.

- Option 4: Both 1 and 3 are incorrect for the reasons mentioned.

- Option 5: States all statements (1, 2, and 3) are incorrect.

Your Answer is Option 5 – All 1, 2 and 3 are incorrect.

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