Which of the following statements is/are correct about Government Securities?

1. It is a tradeable instrument issued by the central government or state governments.

2. Treasury bills have maturities of more than one year.

3. Treasury bills can be issued by both Central as well as State Governments.

1
1 only
2
2 and 3 only
3
2 only
4
1 and 3 only
5
None of the above

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