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Which of the following statement is false about Treasury Bills?

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Looking for the answer to the question below related to Money Market?

Which of the following statement is false about Treasury Bills?

 Options:

  • A. It is a secure Instrument
  • B. It is a promissory note
  • C. It is issued by government
  • D. It is issued maximum for maturity of 1 year

The Correct Answer Is:

  • D. It is issued maximum for maturity of 1 year

Conclusion

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