alleryA Government Security acknowledges the Government's:
ADebt obligation
BDeposit obligation
CDirect obligation
DDemand obligation
Answer & Solution
Correct answer: A. Debt obligation
1. A G-Sec is a tradeable instrument.
2. It is issued by the Centre or a State.
3. It acknowledges a debt obligation.
_Source: RBI, FAQs on the Government Securities Market in India_
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