Gilt-edged market means
A. bullion market
B. market of government securities
C. market of guns
D. market of pure metals
Answer: Option B
Solution(By Examveda Team)
The gilt-edged market is the market in government securities or the securities guaranteed (as to both principal and interest) by the government. The term gilt-edged means 'of the best quality”. It has come to be reserved for government securities as they do not suffer from the risk of default.This Question Belongs to General Knowledge >> Indian Economy
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