What is the minimum denomination of Treasury bills to issue in India?
What is the minimum denomination of Treasury bills to issue in India?
[A]Rs. 25,000
[B]Rs. 5 lakh
[C]Rs. 10,000
[D]Rs. 10 lakh
Rs. 25,000
The Treasury bills are available for a minimum denomination of Rs.25,000 and in multiples of Rs. 25,000. They are issued at a discount and are redeemed at par.