Question
Gilt-edged market means
Answer: Option B
Answer: (b)
The gilt-edged market refers to the market for Government and semi-government securities, backed by the Reserve Bank of India (RBI).
Government securities are tradeable debt instruments issued by the Government for meeting its financial requirements. The term gilt-edged means ‘of the best quality’.
Was this answer helpful ?
Answer: (b)
The gilt-edged market refers to the market for Government and semi-government securities, backed by the Reserve Bank of India (RBI).
Government securities are tradeable debt instruments issued by the Government for meeting its financial requirements. The term gilt-edged means ‘of the best quality’.
Was this answer helpful ?
More Questions on This Topic :
Question 4. In India, inflation is measured by the :....
Question 5. If the average total cost is declining then....
Question 7. When economic development takes place
....
Latest Videos
Latest Test Papers
Submit Solution