BUSINESS ADMINISTRATION
BANKING AND INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -Government bonds, also called government securities, are debt instruments that the country’s government issues to raise capital from the general public. Government bonds can be issued by both India’s central and state governments to ensure they have enough funds for certain operational purposes.
Detailed explanation-2: -The Government of India issues securities to raise capital for development projects. These securities are called government securities or G-secs, issued by RBI. The RBI manages the public debt of the Indian government. G-secs are issued in three forms: treasury bills, dated securities and bonds.
Detailed explanation-3: -Government securities or G-Secs are essentially debt instruments issued by a government. These securities can be issued by both the central government and the state governments of India.