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R

Ram Sharma • 193.88K Points
Coach

Q. Which of the following statements is not true with regard to Treasury bills?

  • (A) Are issued in the form of a promissory note.
  • (B) They are highly liquid and have assured yield
  • (C) They carry high risk of default.
  • (D) They are available for a minimum amount of ₹25,000 and in multiples thereof
Correct Answer - Option (C)
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