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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.
#what are the main points in scope or contents of financial functions#
paid-up equty 100000 earning of the company 10000 praice - earning ratio(PIE) 20 no.of equty share
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