Are an Important Instrument of Short Term Borrowing by the Govt

question 16

Multiple Choice

..................... are an important instrument of short term borrowing by the Govt.

• A)National saving certificate
• B)Bonds
• C)Treasury bill
• D)Any of the above

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Definitions:

Mineral Rights

Legal entitlements that allow an individual or organization to explore, extract, and sell minerals from a piece of land.

Fee Simple

The most extensive ownership interest in land that one can possess, without time limitation to any particular line of heirs.

Fixtures

Items that were personal property but have been attached to property in such a way that they are legally considered part of the real property.

Fee Simple

The most complete ownership in property law, giving the holder full possession and control over their property without time limitations.