Answer-What does the term 'bond ledger account' refer to?

Section 2 Definitions c bond ledger account means an account with the Bank or an agent in which the Government securities are held in a dematerialised form at the credit of the holder.

Question

What does the term "bond ledger account" refer to?

A An account in which physical government securities are held

B An account with the Bank or an agent where government securities are held in physical form

C An account with the Bank or an agent in which government securities are held in a dematerialized form

D An account used exclusively for tracking bond issuances

E An account for maintaining records of bond payments

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What does the term "bond ledger account" refer to?

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