It is short tern negotiable instrument issued by Reserve Bank of India on behalf of Government maturing in less than one year.

Identify the money market instrument mentioned above ?

Treasury Bill

The correct answer is option (1) : Treasury Bill

The money market instrument mentioned in the description is a Treasury Bill (T-Bill). Treasury Bills are short-term, highly liquid debt instruments issued by the government to raise funds. They typically have maturities of less than one year and are considered one of the safest forms of investment.