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1. Treasury Bills generally have maturities of (approx.) –
a. 1 month – 3 months
b. 3 months – 1 year
c. 1 year – 5 years
d. None of the above
2. Currently, T-Bills are issued with the maturities of –
a. 90 days, 180 days and 365 days
b. 91 days, 182 days and 364 days
c. 60 days, 180 days and 365 days
d. 61 days, 182 days and 364 days
3. Treasury Bill, issued by government, is a type of –
a. Bond
b. Debenture
c. Stock
d. Dividend
4. Which of the following is false regarding T-Bills?
a. T-Bills are issued by RBI, on behalf of Government of India
b. T-Bills are issued on discount basis
c. T-Bills bear interest
d. All are true
5. What is the full form of CMB?
a. Cash Management Bill
b. Civil Management Bill
c. Credit Management Bill
d. Cadet Management Bill
6. Government can take loans from RBI as Ways and Means Advances (WMA) up to a certain limit. Since, the loans above the limit bears extra interest, which of the following is a better way for government to meet temporary cash requirements of less than 3 months?
a. Treasury Bills
b. Cash Management Bills
c. Dated Securities
d. Certificate of Deposits
7. Which of the following is a long-term government security?
a. Treasury Bills
b. Cash Management Bills
c. Dated Securities
d. None of the above
8. Dated securities issued by state governments are known as –
a. Treasury Bills
b. Cash Management Bills
c. State Development Loans
d. None of the above
ANSWER:-
1)b. 3 months – 1 year
2)b. 91 days, 182 days and 364 days
3)b. Debenture
4)c. T-Bills bear interest
5)a. Cash Management Bill
6)b. Cash Management Bills
7)c. Dated Securities
8)c. State Development Loans
