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      Question

      In which circumstance can a Government security be held

      in the name of a public office as per the Government Securities Act?
      A Upon request from a private corporation Correct Answer Incorrect Answer
      B Upon request from a foreign government Correct Answer Incorrect Answer
      C Upon approval from the Ministry of Finance Correct Answer Incorrect Answer
      D Upon recommendation from the Reserve Bank of India Correct Answer Incorrect Answer
      E Upon declaration by the Government in the Official Gazette Correct Answer Incorrect Answer

      Solution

      Explanation: 6. Holding of Government securities by holders of public offices—(1) In the case of any public office to which the Government may, by notification in the Official Gazette, declare this sub-section to apply, a Government security may be held in the name of the office.

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