Economy

1 question

• 2018 · Question 56 · Financial Markets

  Consider the following statements : 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments. 3. Treasury bills offer are issued at a discount from the par value. Which of the statements given above is/are correct ?

  Choose your answer

  (a)1 and 2 only(b)3 only(c)2 and 3 only(d)1, 2 and 3

  Show answer

  Source: UPSC, Civil Services (Preliminary), General Studies Paper I (opens in a new tab)