BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Banking and Financial Awareness Financial Markets
Which of the following are the features of the Government Securities?
I. Government securities have a fixed rate of interest
II. Government securities can be possessed by RBI to regulate the monetary policy
III. Interest on the Government securities is exempted from the income tax
1
Only I and II are correct
2
Only III is correct
3
Only II is correct
4
All are correct
5
None are correct