Consider the following statements and identify the right ones.1 Trading of treasury bills is not allowed in the market2 The ad hoc treasury bills have been replaced by Ways and Mean Advances System

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Q:87

Consider the following statements and identify the right ones.
1 Trading of treasury bills is not allowed in the market
2 The ad hoc treasury bills have been replaced by Ways and Mean Advances System

1 only

2 only

both

none

Explanation:

Trading of treasury bills is allowed in the market.

Next Question

Consider the following statements and identify the right ones.
1 Commercial bills are not tradable in market
2 It is raised by the payer and accepted for payment by the payee on some future date

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