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Gilt-edged market means

This question belongs to General Knowledge Indian Economy
Indian Economy
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Gilt-edged market means

Answer & Solution
Correct Answer: Option B
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.
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1 Comment
Reg Kich
Reg Kich 7 years ago
Both A and B should be correct.
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