Treasury bills are auctioned by the RBI on behalf of GoI. RBI manages and services these securities through its public debt offices. There are no treasury bills issued by State Governments. Treasury bills or T-bills, which are money market instruments, are short term debt instruments issued by the Government of India and are presently issued in three tenors, namely, 91 day, 182 day and 364 day. Treasury bills are zero coupon securities and pay no interest. Instead, they are issued at a discount and redeemed at the face value at maturity.
In this reinsurance arrangement, an agreement is made between the ceding company and the reinsurer(s), specifying limits for reinsurances that can perta...
What is the taxable event under GST?
When was the Government e-Marketplace (GeM) launched in India?
What does the term "NEFT" stand for in the context of Indian banking?
ABC Ltd purchased raw materials worth Rs.1 lakh during FY19. It had opening stock of raw materials of Rs.12,000 at the beginning of the year and closed ...
Premature withdrawal from EPF comes under which section?
Who is the regulator of the corporate sector?
The Article of a company may be altered by _____________
According to the Insurance Act, who can receive remuneration or reward for soliciting or procuring insurance business in India?
What duties are taxes on intra-State supplies?
