Consider the following: 1. Market borrowing 2. Treasury bills 3. Special securities issued to R
Consider the following:
1. Market borrowing
2. Treasury bills
3. Special securities issued to RBI
Which of these is/are components(s) of internal debt?
(a) 1 only (b) 1 and 2 (c) 2 only (d) 1, 2 and 3
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(d) Treasury Bills are money market instruments to finance the short term financial requirements of the Government of India. These are discounted securities and are issued at a discount to face value.
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