Gilt -edged: (a) bullion market (b) market of Government securities (c) market of guns

Question

Gilt -edged: (a) bullion market (b) market of Government securities (c) market of guns

Gilt -edged:

(a) bullion market (b) market of Government securities (c) market of guns (d) market of pure metals

Monjur Alahi

8 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

(b) Gilt-edged is the market in government securities guaranteed by the government – centre or state. The term means least-risk/best quality by way of least risk of default in repayment of principal and interest.

8 views Answered 2023-02-05 15:29