Attempt this previous-year question. The correct option stays hidden until you choose.
With reference to the Indian economy, consider the following statements :
1. A share of the household financial savings goes towards government borrowings.
2. Dated securities issued at market-related rates in auctions form a large component of internal debt;
Which of the above statements is/are correct ?
Pick an option to check yourself.
• Correct Answer: C
• Household savings (bank deposits, insurance, PF) are major buyers of government securities, channeling funds into government borrowings.
• Dated securities issued via auctions at market rates form the largest component of internal debt.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
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