Economics · Indian Banking and Fiscal Policy
In India, automatic monetisation through ad hoc treasury bills was abolished in 1997 and replaced with which of the following systems?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Immediate Treasury Settlements
- 2Permanent Treasury Bills
- 3Ways and Means Advances✓
- 4Dividends
Correct answer
Ways and Means Advances
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