Treasury Bills (T-Bills) are short-term debt instruments, while Government Securities (G-Secs) are typically long-term debt instruments issued by the government.
Two statements are given below. One is labelled as Assertion (A) and other is labelled as Reason (R). Assertion (A): The Indian Government issues Treasury Bills (T-Bills) and Government Securities (G-Secs) for raising funds. Reason (R): T-Bills have a longer maturity period than G-Secs. Choose the correct option from the codes given below.
Asked in GS Asst Architect PWD 02 2025 · Topic: Fiscal Policy & Revenue (Public Debt: Sources, types, debt sustainability, and management)
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