New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following securities will be issued through

    yield-based auction using a multiple price method? 
    A 7.32% Government Security 2030 Correct Answer Incorrect Answer
    B New Government Security 2039 Correct Answer Incorrect Answer
    C 7.30% Government Security 2053 Correct Answer Incorrect Answer
    D Both A and C Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Explanation: The correct answer is B) New Government Security 2039.   The New Government Security 2039 will be issued for a notified amount of ₹10,000 crore (nominal) through yield-based auction using a multiple price method.

    Practice Next

    Relevant for Exams: