​Indian Economy Practice Set-IV

Total Questions: 16

Consider the following statements:

  1. Treasury bills are financial instruments that do not provide regular interest payments. Instead, they are issued at a discounted price and are redeemed at their face value upon maturity.
  2. Dated Government Securities serve as short-term financial instruments designed to address temporary cash flow mismatches faced by the government. They share similarities with T-bills but have maturities of less than 91 days.
  3. Cash Management Bills (CMBs) are financial instruments that come with fixed or floating interest rates. Interest payments are made semi-annually on the face value of the securities.

How many of the above statements is/are incorrect?

A
Only one
B
Only two
C
All three
D
None
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