APPSC Group-I Prelims 2023 Paper I · Question 74

Question 74 of the APPSC Group-I Prelims 2023 Paper I (8 January 2023). Try it first, then open the answer and explanation.

1. Prelims 2023 · P-I · Q74 · Indian & AP Economy · Money, Banking & Inflation

   Gilt edged market comprises

   గిల్ట్ ఎడ్జ్‌డ్ మార్కెటులో ఇమిడి ఉన్నవి

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   Answer: Treasury Bills and Government Bond Market.

   సమాధానం: ఖజానా బిల్లులు, ప్రభుత్వ బాండ్ల మార్కెటు.

   The gilt-edged market is the market for government securities, mainly Treasury Bills and dated government bonds. They are called "gilt-edged" because they carry practically no risk of default.

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