Question
Gilt-edged market means?
Solution
The term is of British origin, and then referred to the debt securities issued by the Bank of England, whose paper certificates had a gilt (or gilded) edge. Hence, they are known as gilt-edged securities. Since government cannot default on its payment obligations, the government securities are risk free and hence known as "gilt-edged" - which means 'of the best quality'.
Which company initiated clinical trials for the Tuberculosis vaccine MTBVAC on adults in India?
Life Insurance Corporation (LIC) has increased the gratuity limit to __________ from Rs 3 lakh for its agents so as to provide them with increased finan...
Smriti Mandhana became the first Asian batter to cross which milestone in Women’s T20 Internationals?
Which co-operative bank was fined by RBI for failing to transfer funds to the Depositor Education and Awareness Fund (DEAF) on time?
The National Payments Corporation of India (NPCI), has launched two conversational payments initiatives that are aimed at increasing convenience and acc...
What was the value of content monetisation proposals generated at IndiaJoy B2B 2025?
Which Indian cooperative was awarded the first rank for Best Dairy Cooperative Society in NGRA 2024?
Which ministries jointly launched Project Veer Gatha, as part of Azadi Ka Amrit Mahotsav?Â
Where was the Soil Health Card Scheme launched?
Which of the following is true regarding the Solar Energy Corporation of India (SECI)?
I. It was established to facilitate the implementation of ...
Relevant for Exams:
