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Which short-term (up to one year) instrument is issued by government as a means offinancing it’s cash requirements?

Question:

Which short-term (up to one year) instrument is issued by government as a means offinancing it’s cash requirements?

A.

adrs

B.

treasury bills

C.

equity

D.

gdrs

Answer» b. treasury bills

Note: The above multiple-choice question is for all general and Competitive Exams in India