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    Question

    What does the term "bond ledger account" refer

    to?
    A An account in which physical government securities are held Correct Answer Incorrect Answer
    B An account with the Bank or an agent where government securities are held in physical form Correct Answer Incorrect Answer
    C An account with the Bank or an agent in which government securities are held in a dematerialized form Correct Answer Incorrect Answer
    D An account used exclusively for tracking bond issuances Correct Answer Incorrect Answer
    E An account for maintaining records of bond payments Correct Answer Incorrect Answer

    Solution

    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.

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