​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?

Only one
Only two
All three
Do You Want to Read More?
Subscribe Now

To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.