Multiple choice

Government securities with terms of more than one year are called

  1. treasury bills

  2. government bonds

  3. capital bills

  4. bills of exchange

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Government securities with maturity exceeding one year are classified as bonds. Treasury bills (T-bills) are short-term instruments with maturity up to one year, distinguishing them from longer-term government bonds.