1.

Which of the following statements is/ are correct about retailing of government securities?

A.  Banks can buy and sell Government Securities on an outright basis at prevailing market prices without any restriction on the period between sale and purchase.
B.  Banks are allowed to undertake ready forward transactions in Government Securities with nonbank clients.
C.  Both [a] and [b]
D.  None of these
Answer» D.  None of these


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