Consider the following statements about the Gilt-Edged Securities in India:
- They are high-grade investment bonds offered by governments.
- Gilt-edged securities carry a floating coupon rate only.
- The Reserve Bank of India conducts Open Market Operations (OMOs) for the sale or purchase of gilt-edged securities.
Which of the statements given above is/are correct?
1
1 only
2
1 and 2 only
3
1 and 3 only
4
2 and 3 only
5
All of the above