Raj Enterprises wishes to invest ₹1,10,000 in treasury bills. What is the maximum number of treasury bills it can buy with this fund?

Related MCQs

• Adhoc treasury bills are issued in favour of the ..................... only
• Which of the following statements is not true with regard to Treasury bills?
• Accommodation bills are also known as ..................... bills
• PK Enterprises Limited has sold an entire lot of 5,00,000 equity shares @ ₹9 each to Prosperous Bank Private Limited. The bank in turn will offer the shares to general public for subscription @ ₹11 per share. Identify the method of floatation being described in the given lines.
• ................ bonds permit the bond holder to invest the interest income again in host bonds
• Under this method of floatation in primary market, a subscription is invited from general public to invest in the securities of a company through the issue of advertisement.
• Stock exchanges provide an opportunity to the investors to disinvest and invest. Identify the related function of the stock exchange.
• Who issues a treasury bill?
• Suppose an investor purchases a 91 days Treasury bill with a face value of ₹2,00,000 for ₹1,92,000. By holding the bill until the maturity date, the investor receives ₹2,00,000. What is the amount of interest received by him?
• A typical venture capital firm has a ______ number of investors who each contribute a ______ amount of money to the fund.