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

Question
In the context of money market, Treasury Bills are issued by:
A. Stock exchanges
B. Commercial banks
C. Reserve Bank of India on behalf of the government
D. Private corporations
Answer: Option C
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
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Question #1
The 'Goods and Services Tax' rate applicable to a supply is determined by:
A. SEBI
B. GST Council
C. RBI
D. President
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Correct Answer: Option B

Explanation:
GST rates are recommended by the GST Council.
This question belongs to: Economy GK Economy Set 1
Question #2
Which of the following is a feature of the 'Beyond GDP' movement?
A. The exclusive focus on GDP growth
B. The complete abandonment of any quantitative indicators
C. The search for broader indicators of well-being and sustainability that complement or go beyond GDP
D. The rejection of all economic statistics
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Correct Answer: Option C

Explanation:
The Beyond GDP agenda seeks to develop and use a wider set of indicators—covering health, education, environment, inequality and subjective well-being—to provide a more comprehensive picture of societal progress.
This question belongs to: Economy GK Economy Set 1
Question #3
The 'Stand-Up India' scheme was launched in which year?
A. 2017
B. 2018
C. 2016
D. 2014
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Correct Answer: Option C

Explanation:
Stand-Up India was launched in 2016.
This question belongs to: Economy GK Economy Set 1
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