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An Investor Wanted to Incest `20,000 in Treasury Bills for a Period of 91days. 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. - CBSE (Commerce) Class 12 - Business Studies

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Question

An investor wanted to incest `20,000 in Treasury Bills for a period of 91days. 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.

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

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Solution An Investor Wanted to Incest `20,000 in Treasury Bills for a Period of 91days. 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. Concept: Securities and Exchange Board of India (SEBI).
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