Who can buy treasury bills?

A Individuals
B Commercial Banks
C Insurance companies
D Partnership Firm

Correct Answer: Commercial Banks

Government treasury bills can be procured by individuals at a discount to the face value of the security and are redeemed at their nominal value, thereby allowing investors to pocket the difference. For example, a 91 - day treasury bill with a face value of Rs. 120 can be bought at a discounted price of Rs. 118.40.
Bissoy MCQ

Related Questions

Principal investors of US treasury bills which are issued by US treasury does not includes
Who can buy Treasury Bills ?
Bids of bidder which tells that how much treasury bills bidder wants to buy is classified as
Which of the following organizations can issue Treasury Bills?
Which of the following organiztions can issue Treasury Bills?

Next steps