GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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bullion market
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market of government securities
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market of guns
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market of pure metals
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Detailed explanation-1: -Gilt-edged securities refer to high-grade bonds that some national governments and private organizations issue in an effort to generate revenue. Also known as gilts, these securities were originally issued by the Bank of England.
Detailed explanation-2: -The correct answer is Government Securities. Gilt-edged Securities are high-grade bonds issued by certain National Governments. “Government security” means a security created and issued by the Government for the purpose of raising a public loan or for any other purpose.
Detailed explanation-3: -Gilts are bonds issued by the UK government. More specifically, the debt securities are issued by the Bank of England, by His or Her Majesty’s treasury, and are listed on the London Stock Exchange (LSE). The term is also used in other Commonwealth nations, such as India or South Africa.