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An investor wanted to invest ₹20,000 in Treasury Bills for a period of 91 days. When he approached the Reserve Bank of India for this purpose he came to know that it was not possible. Identify the reason why the investor could not invest in the Treasury Bill. |
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Answer» The investor could not invest in the Treasury Bills because treasury bills can be issued for a minimum amount of ₹25,000 and its multiples thereof. |
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