Question 14 of 28
Q.Government securities are issued by agencies such as ______.
(a) State Governments
(b) Semi-Government authorities
(c) Central Government
(d) All of the above
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2022MCQ· 1mImportance★★★★★
50% · 14/28 Questions
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Start your 14-day free trial to unlock the full solution →Government securities are issued by the Central Government, State Governments and semi-government bodies, so all options are correct — (d).
Government securities (also called gilt-edged securities) are the safest instruments in the market because they are backed by the government. They are issued to raise long-term funds for public purposes. The issuing agencies include the Central Government, the State Governments, and semi-government authorities such as local bodies and government undertakings.
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