[Official] ForumIAS SFG 2021 - Level 1 Details and Important Updates

Consider the following statements regarding Treasury Bills (TB):

1. They are long-term money market instruments.

2. They are used by the Central Government to fulfill its liquidity requirement.

3. They can be used by banks to fulfill their CRR and SLR requirements.

Which of the statements given above is/are correct?

a1, 2 and 3 only

b2 and 3 only

c3 only

d2 only

CRR is required to be maintained in CASH only (Unlike SLR) so how do treasury bills help in maintaining CRR?

user_34157

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could someone please send question paper of test 43