Treasury bills are issued by: MCQ with Answer and Explanation

Question

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Treasury bills are issued by:

A. SEBI

B. State governments only

C. commercial banks

D. RBI on behalf of the Central Government

Answer: Option D

Solution (By JKSSB Mock Tests)

Treasury bills are short-term debt instruments issued by the RBI on behalf of the Central Government.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Spices Board of India' is headquartered in:

A. Chennai

B. Kochi

C. Delhi

D. Mumbai

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Correct Answer: Option B

Explanation:
The Spices Board of India is headquartered in Kochi.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on software services is:

A. 5%

B. 12%

C. 28%

D. 18%

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Correct Answer: Option D

Explanation:
Software services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Credit Guarantee Fund Trust for Micro and Small Enterprises' provides guarantee cover to banks for loans to MSMEs.

A. True

B. Only for foreign companies

C. Only for large enterprises

D. False

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Correct Answer: Option A

Explanation:
CGTMSE provides credit guarantee to banks for loans to micro and small enterprises.

This question belongs to: Economy GK Economy Set 1

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