__________ are usually taken as proxy for risk-free return as it is issued by the Government and duration is not very long.

CS Executive · Financial and Strategic Management · PYQS · December 2023
__________ are usually taken as proxy for risk-free return as it is issued by the Government and duration is not very long.
(A) Commercial Papers
(B) Commercial Bills
(C) Treasury Bills
(D) Certificate of Deposits

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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