Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Markets

Question:

Treasury Bills are available for a minimum amount of _____________.

Options:

₹22,000 and in multiples thereof

₹24,000 and in multiples thereof

₹25,000 and in multiples thereof

₹26,000 and in multiples thereof

Correct Answer:

₹25,000 and in multiples thereof

Explanation:

The correct answer is option (3) : ₹25,000 and in multiples thereof

The correct statement regarding the availability if Treasury bills is

(3) ₹25,000 and in multiples thereof

Treasury bills, which are short-term securities issued by the government to raise funds, are typically available for a minimum amount of ₹25,000 and investors can invest in multiples of this minimum amount.