The Reserve Bank of India (RBI) has announced that it has deployed its incremental reserves in bonds and securities with a special focus on US Treasuries. Sovereign securities are considered one of the __ investments in the world.
(a) most risky
(b) most secure
(c) most unstable
(d) least liquid
S9. Ans.(b)
Sol. Sovereign securities are issued by national governments and are considered to be among the safest investments in the world, as they are backed by the full faith and credit of the issuing government.