A.  Competitive bids received always exceed non-competitive bids received.

B.  The number of competitive bids accepted does not always exceed the number of non- competitive bids accepted.

C.  The value of competitive bids accepted on any particular date is never higher for higher maturity.

D.  The value of non-competitive bids accepted in the first round is always greater than that in the second round

1
Correct Answer :
The value of non-competitive bids accepted in the first round is always greater than that in the second round
Explanation :
No Explanation available for this question

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