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Zakira Ltd. wants to invest in treasury bills issued by RBI. What will be the minimum amount to be invested in Treasury Bill?

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Question

Zakira Ltd. wants to invest in treasury bills issued by RBI. What will be the minimum amount to be invested in Treasury Bill?

Options

  • Rs. 25,000

  • Rs. 20,000

  • Rs. 50,000

  • Rs. 1,00,000

MCQ
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Solution

Rs. 25,000

Explanation - 

Treasury bills can be purchased for a minimum of Rs. 25,000 and in multiples of that amount.

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