question_answer

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