MCQOPTIONS
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| 1. |
Assertion (AS): The prices of Government securities in gift-edged market are not formed freely.Reason (R): The Reserve Bank of India has a monopoly dealer position and the demand for Government securities has a captive nature.Codes: |
| A. | (AS) is true, but (R) is false. |
| B. | Both (AS) and (R) are correct, but (R) is not the correct explanation of (AS). |
| C. | (AS) is not correct, but (R) is correct. |
| D. | Both (AS) and (R) are correct and (R) is the correct explanation of (AS). |
| Answer» E. | |