Treasury Bills means



[ A ]    salary bills drawn by Government offcials on the treasury
[ B ]    bills drawee by the Government contractors and other suppliers on the treasury for the dues owed to them by the Government
[ C ]    obligation of the Government of India issued by the Reserve Bank of India and payable normally 91 days after issue right
[ D ]    a mode of drawings by the Treasury Offce on the Reserve Bank of India
[ E ]    None of the above
Answer : Option C
Explanation :
500
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