GkSeries.com

Indian Fiscal System Questions and Answers for Competitive Exams

Q.

A financial instrument is called a ‘primary security’ if it represents the liability of:

[A] Some ultimate borrower
[B] The Government of India
[C] A primary cooperative bank
[D] A commercial bank

Answer & Explanation

Answer: Option [A]

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Read More Economics Solved Questions

Please share this page

Click Here to Read more questions

Teacher Eligibility Test