In the context of money market, Treasury Bills are issued by: MCQ with Answer and Explanation

Question

Share Report Error

In the context of money market, Treasury Bills are issued by:

A. Stock exchanges

B. Private corporations

C. Commercial banks

D. Reserve Bank of India on behalf of the government

Answer: Option D

Solution (By JKSSB Mock Tests)

Treasury Bills are short-term instruments issued by the RBI on behalf of the Government of India to meet short-term funding requirements.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' on spices is:

A. 5%

B. 18%

C. 12%

D. 0%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Spices generally attract 5% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is NOT a cause of the balance of payments deficit?

A. High external debt servicing

B. Large capital inflows

C. High import intensity

D. Low export competitiveness

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Large capital inflows help finance the current account and improve the overall balance of payments. High imports, low exports and debt servicing contribute to BOP problems.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'exchange rate pass-through' refers to the effect of exchange rate changes on:

A. unemployment only

B. government spending

C. domestic prices of imports and inflation

D. stock prices only

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Exchange rate pass-through is the impact of exchange rate changes on domestic prices.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs