Answer Posted / sarabmeet
The Treasury bills are short-term money market instrument that mature in a year or less than that. The purchase price is less than the face value. At maturity the government pays the Treasury Bill holder the full face value.The Treasury Bills are marketable, affordable and risk free. The security attached to the treasury bills comes at the cost of very low returns
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Why do you think you will succeed in this job?
Why do you want to join Axis bank ?
Tell the location of Asia`s largest solar park.
What are the Non Performing assets of a company
What Is Overdraft Protection?
What is 'current deposit account'?
What are the obligations and elements of IRDA?
How will you define the term management?
What 'LIBOR' stands for?
HI, I am to be interviewed by KARNATAKA BANK for PO on the 7th of May 2010,. Anyone who had gone through interview process ,pls share ur interview experience as it will be invaluable for . Thanks. You can contact me on satind.singh@yahoo.com
What Is The Role Of Bank Supervision?
what if any interviewer ask that why you have taken an AT KT in the exam. what should be a reasonable ansewer?
Where Does Revenue Received In Advance Go On A Balance Sheet?
How many printing presses for printing notes are available in india and name the places where they are located?
What is Statement in Lieu of Prospectus?
