| Which of the following statement is false about Treasury bill? (1) It is a secure instrument. (2) It is a promissory note. (3) It is issued by the government. (4) It's is issued for a maximum maturity of 1 year. |
A) Option A & B are false
B) Only Option C is true
C) Option B & D are correct.
D) Option A, & D are correct.
E) All options are correct except C.
Correct Answer: E
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