A. federal basis
B. last basis
C. firstly basis
D. preferential basis
✅ The correct answer is option D.
Non-competitive bidders get allocation of treasury bills on preferential basis. Treasury Bills, also known as T-bills are the short-term money market instrument, issued by the central bank on behalf of the government to curb temporary liquidity shortfalls.
Non-competitive bidders get allocation of treasury bills on preferential basis. Treasury Bills, also known as T-bills are the short-term money market instrument, issued by the central bank on behalf of the government to curb temporary liquidity shortfalls.