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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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