UPSC 2018 › Indian Economy › Financial Markets & Capital Markets

1 question · 2018 · answers as per the UPSC key

Take test Free Study this topic: Financial Markets and Institutions
All years of Financial Markets & Capital Markets · Full UPSC 2018 paper
UPSC 2018 · Q56 · Indian Economy › Financial Markets & Capital Markets · Save

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 ?

(a) 1 and 2 only
(b) 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Show answer
Answer: (c) 2 and 3 only