English

Write a word, or a term, or a phrase which can substitute for the following statement. A bill which is issued by Reserve Bank of India on behalf of the Government of India.

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Question

Write a word, or a term, or a phrase which can substitute for the following statement.

A bill which is issued by Reserve Bank of India on behalf of the Government of India.

One Word/Term Answer
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Solution

Treasury bill

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Types of Financial Market
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Chapter 11: Financial Market - Exercises [Page 167]

RELATED QUESTIONS

Central government is a borrower in the money market through the issue of ______.


Match the pair.

Group ‘A’ Group ‘B’
a) Financial market 1) Long term fund
b) Money market 2) New issue market
c) Primary market 3) Trading of commodities
d) Commercial paper 4) Short term fund
  5) Trading of financial securities
  6) Share market
  7) Unsecured promissory note
  8) Secured promissory note

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Commercial paper is a secured promissory note.


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There are many participants in money market.


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