2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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India’s holding of US government securities at record high of USD 177.5 billion at the end of February. What is India’s Position in holding of US government securities in world?
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4th
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8th
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12th
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13th
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Explanation:
Detailed explanation-1: -At the end of April, India had an exposure of 157.4 billion dollars.
Detailed explanation-2: -VII. 27 Commercial banks remained the largest holders of government securities (including T-Bills and SDLs) accounting for 37.4 per cent share as at end-March 2022, followed by insurance companies (25.6 per cent), the Reserve Bank (10.6 per cent) and provident funds (9.6 per cent).
Detailed explanation-3: -Investors can buy government bonds directly from the market. The current yield for a 10-year government bond is 7.244% as of May 2022.
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