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Previous year MCQs
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Economy
UPPSC 2002 GS-I
Question
The "gilt-edged" market deals in:
A)
Worn and torn currency notes
B)
Bullion
C)
Govt. securities
D)
Corporate bonds
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Answer & Solution
Answer:
(Detailed Solution Below)
Option C:
Govt. securities
Detailed Solution:
The correct answer is
“Govt. securities”.
Gilt edged market is the market where buying and selling of government securities takes place.
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