The revenue of a government comes from tax and non-tax sources. The government also has to borrow due to deficit budget that is commonly seen in most developing countries to meet the development commitments. In Bangladesh, like most other countries, the government borrows for the budget deficit or shortfall of revenue from banking sources by selling T-bills and T-Bonds Moreover, it borrows from the central bank through Ways and Means Advance (WMA) and overdraft loans. The WMA limit is set at Tk 40 billion and the interest rate is set at reverse report If the government borrows or wants to borrow more than Tk. 40 billion, then it can borrow another Tk 40 billion at one percent higher than the reverse report. Any repayment by government to Bangladesh bank is first applied tp the overdraft loans and than to WMA. The limits of government's short-term borrowing from the central bank have been raised by 50 percent to avoid mismatch in cash management by the government. Recently, the WMA and overdraft limits have been increased to 60 billion. Apart from the central bank, the government also borrows through T- bills and T-Bonds, T-bills are short-term with less than one-year maturity and are issued at discount The current T-bills are of four types-14-day. 91-day, 182-day and 364-day. The long term bonds are called T-bonds. Currently five T-bond are available there are 2-year, 5-year, 10-year, 15- price year and 20-year bonds. In the current financial year, the government has a plan to borrow Tk. 473.64 of which Tk. 280.94 billion by issuing T-bonds and the remaining Tk 192.70 billion by T- wils. This is much higher than that of last financial year when it was 308.95 billion. The rate of increase is determined through auctions held at the central bank on behalf of government. Answer the following questions based on the comprehension: