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Financial Market — Secretarial Practice STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsSecretarial PracticeFinancial Market2 Marks
Question
Government Securities
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Answer

  • The marketable debt issued by the government, semi-government which represents claims on the government is known as ‘Government Securities’.
  • These securities are safe as payment of interest & repayment of principal amount are guaranteed.

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