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?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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