The non-competitive bidding of treasury bills also allow participation of ___________?
Correct answer: C. small investors
- A. secured investors
- B. federal investors
- C. small investors
- D. large investors
Explanation
Non-competitive bidding lets applicants receive treasury bills at the auction’s accepted yield without competing on price. It is mainly intended to give small investors access, unlike large institutional bidders that usually submit competitive bids.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
The bidder who can receive the allocation of treasury bills before all other bidders is the result of ___________?
The transaction of federal funds usually take place in the form of ___________?
The interest rate at which the federal funds are borrowed and can be lent is classified as ____________?
The type of market in which the short term instruments are traded and purchased by economic units, is classified as __________?
The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as _____________?
Financial panic that produce large losses for public can cause ___________?