Zakira Ltd. wants to invest in treasury bills issued by RBI. What will be the minimum amount to be invested in Treasury Bill?
A. ₹ 25,000
B. ₹ 20,000
C. ₹ 50,000
D. ₹ 1,00,000
Answer:A
Zakira Ltd. wants to invest in treasury bills issued by RBI. What will be the minimum amount to be invested in Treasury Bill?
A. ₹ 25,000 B. ₹ 20,000 C. ₹ 50,000 D. ₹ 1,00,000
Explanation: Treasury bills are available for a minimum amount of ₹ 25,000 and in multiples thereof.