Home PYQs UPPSC UPPSC MCQs Prelims 2002 (GS Paper I)

Question

The "gilt-edged" market deals in:

  1. Worn and torn currency notes
  2. Bullion
  3. Govt. securities
  4. Corporate bonds

Answer:

Option C: Govt. securities

Detailed Solution:

The correct answer is “Govt. securities”.

Gilt edged market is the market where buying and selling of government securities takes place.