An important money market is instrument by the government to bridge the deficit between the revenue and expenditure in the budget.

CA Foundation · Business Economics · RTP · January 2025
An important money market is instrument by the government to bridge the deficit between the revenue and expenditure in the budget.
(A) A. T-bills
(B) B. Bonds
(C) C. CDs
(D) D. CPs

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. T-bills

Topics: Money Market

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