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Question

Consider the following statements about Non-marketable securities;

1. Non-marketable securities include intermediate treasury bills issued to state governments.

2. Non-marketable securities include special securities issued to national Small Savings Fund among others.

3. Internal debt is categorized into marketable and non-marketable securities.

Which of the above statement is/are correct?

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C 3 only Correct Answer Incorrect Answer
D 1 and 2 only Correct Answer Incorrect Answer
E 1, 2 and 3 Correct Answer Incorrect Answer

Solution

Internal Debt and External Debt. Internal debt is categorized into marketable and non-marketable securities. Marketable government securities include G-secs and T-Bills issued through auction. Non-marketable securities include intermediate treasury bills issued to state governments, special securities issued to national Small Savings Fund among others.

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