Question

    Consider the following statements about Non-marketable securities;

    1. Non-marketable securities include intermediate treasury bills issued to state governments.

    2. Non-marketable securities include special securities issued to national Small Savings Fund among others.

    3. Internal debt is categorized into marketable and non-marketable securities.

    Which of the above statement is/are correct?

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 and 2 only Correct Answer Incorrect Answer
    E 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    Internal Debt and External Debt. Internal debt is categorized into marketable and non-marketable securities. Marketable government securities include G-secs and T-Bills issued through auction. Non-marketable securities include intermediate treasury bills issued to state governments, special securities issued to national Small Savings Fund among others.

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