1.

Choose the correct statements. I. Treasury bills are money market instruments. II. Commercial Bill is a short term, negotiable and self-liquidating instrument with low risk. III. Treasury bills are issued by the Central Government to secure short term loans. Codes

A.  Only II            
B.  II and III
C.  I and II                        
D.  I, II and III
E.  I and III
Answer» E.  I and III


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