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| Q. |
Which of the following statements is not true with regard to Treasury bills? |
| A. | Are issued in the form of a promissory note. |
| B. | They are highly liquid and have assured yield |
| C. | They carry high risk of default. |
| D. | They are available for a minimum amount of ₹25,000 and in multiples thereof. |
| Answer» C. They carry high risk of default. | |
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