CUET Preparation Today
| Which of the following is an example of zero coupon bonds? |
Treasury Bill Bonds Debentures Commercial papers |
| Treasury Bill |
| A Treasury bill is basically an instrument of short-term borrowing by the Government of India maturing in less than one year. They are also known as Zero Coupon Bonds issued by the Reserve Bank of India on behalf of the Central Government to meet its short-term requirement of funds. T |
