Gilt-edged market means

A bullion market
B market of government securities
C market of guns
D market of pure metals

Correct Answer: market of government securities

The gilt-edged market is the market in government securities or the securities guaranteed (as to both principal and interest) by the government. The term gilt-edged means 'of the best quality”. It has come to be reserved for government securities as they do not suffer from the risk of default.
Bissoy MCQ
#General Knowledge #Indian Economy

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