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    Question

    A short-term government security paper is called

    ______?
    A Equity Correct Answer Incorrect Answer
    B Debenture Correct Answer Incorrect Answer
    C Mutual fund Correct Answer Incorrect Answer
    D Treasury bill Correct Answer Incorrect Answer

    Solution

    Treasury bills are money market instruments issued by the Government of India as a promissory note with guaranteed repayment at a later date.

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