Consider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments. 3. Treasury bills offer are issued at a discount from the par value. Which of the statements given above is/are correct?
A1 and 2 only
B3 only
C2 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: B. 3 only
UPSC CSE Prelims 2018 (GS-I, Set C), Q.56. Official answer key: B.
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