An investor wanted to invest Rs. 20, 000 in Treasury Bills for a period of 91...
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An investor wanted to invest 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. An investor wanted to invest 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.
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A Treasury bill is an instrument of shortterm debt issued by the RBI behalf of the ... View the full answer
Related Book For
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
Posted Date:
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