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Q. What do you mean by Treasury Bills?
Treasury bills (TBs) are short-term government securities. The usual practice in India is to sell treasury bills at a discount and redeem them at par on maturity. The difference between the issue price and the redemption price adjusted for the time value of money, is return on treasury bills, they can be through and sold any time; thus, they have liquidity. Also, they do not have the default risk.
Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
Give a full definition of arbitrage. Answer: Arbitrage can be illustrated as the act of concurrently buying and selling the same or equivalent assets or commodities for the aim
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