Advertisement Remove all ads

An Investor Wanted to Incest Rs. 20,000 in Treasury Bills for a Period of 91 Days. When He Approached the Reserve Bank of India for this Purpose He Came to Know that It Was Not Possible. - Business Studies

One Line Answer

Answer the following question:
An investor wanted to incest RS. 20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible.
Identify the reason why the investor could not invest in the Treasury Bill.

Advertisement Remove all ads

Solution

The investor could not invest in the Treasury Bill as treasury bills can be bought for a minimum amount of Rs. 25,000 and in multiples thereof.

  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×