Machine-translated by Google. Questions are authored in English.
Top

Discussion

Gilt-edged market means

  • A.Bullion market
  • B.Market of government securities
  • C.Market of guns
  • D.Market of pure metals

Answer: B

The gilt-edged market is the market for government securities.

The name comes from the gilded edges of the certificates the British government once issued, and reflects the security's freedom from default risk. In India it is the largest segment of the debt market, and the RBI manages it as the government's debt manager.

No comment is present. Be the first to comment.
Loading…

Post your comment

Please log in or register to post a comment.