Bill Market in India: Types, Advantages and Defects of Bill Market Scheme
Bill Market in India: Types, Advantages and Defects of Bill Market Scheme! Bill Market refers to the market for short-term bills generally of three months maturity. A bill is a promise to pay a specified amount by the borrower (drawer) to the creditor (drawee). Bills are of three types- (a) bills of exchange or commercial bills used to finance trade; [...]