Government securities are also known as: MCQ with Answer and Explanation

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Government securities are also known as:

A. certificates of deposit

B. commercial paper

C. gilt-edged securities

D. corporate bonds

Answer: Option C

Solution (By JKSSB Mock Tests)

Government securities are called gilt-edged securities because of low default risk.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'one rupee note' bears the signature of:

A. Finance Minister

B. Finance Secretary

C. President

D. RBI Governor

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Correct Answer: Option B

Explanation:
The one rupee note bears the signature of the Finance Secretary.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Green Revolution' in India was mainly introduced during the tenure of which Prime Minister?

A. Morarji Desai

B. Jawaharlal Nehru

C. Lal Bahadur Shastri

D. Indira Gandhi

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Correct Answer: Option C

Explanation:
The Green Revolution was initiated during Lal Bahadur Shastri's tenure in the mid-1960s.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'bank rate' in India is currently aligned with:

A. repo rate

B. CRR

C. reverse repo rate

D. MSF rate

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Correct Answer: Option D

Explanation:
The bank rate is aligned with the MSF rate.

This question belongs to: Economy GK Economy Set 1

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