Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.1143)

1143. 

The maximum maturity period of Treasury bill (T-Bill) is ______

[A]. 12 weeks
[B]. 26 weeks
[C]. 48 weeks
[D]. 52 weeks

Answer: Option D

Explanation:

Treasury bills; generally shortened as T-bills, have a maximum maturity of a 364 days. Hence, they are categorized as money market instruments (money market deals with funds with a maturity of less than one year).

Rosy Gautam said: (Sep 18, 2019)  
Thanks for this.

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