It is an instrument of short-term borrowing by the Government of India maturing in less than one year.

Related MCQs

• ..................... are an important instrument of short term borrowing by the Govt.
• In borrowing and lending of federal funds, the federal funds rate is result of function between
• In borrowing and lending of federal funds, federal funds rate is result of function between
• _________ is a market for lending & borrowing of short term funds.
• It is used as an alternative to bank borrowing for large and creditworthy companies,
• The number of shares which are less than market lots are called
• The money market where debt and stocks are traded and maturity period is more than a year is classified as
• -------------is a whole sale market for short term debt instrument.
• .................. are negotiable instrument issued by an overseas depository
• Which of the following is not a characteristic of a financial instrument?