Economics · Government Securities and Financial Markets
Government Securities (G-Secs) in India are primarily debt instruments issued by the government to:
- 1Serve as mandatory non-interest bearing bank reserves
- 2Replace equity shares of stock exchange listed companies
- 3Raise capital directly for private corporate expansion
- 4Meet government market borrowing requirements and finance fiscal deficits✓
Correct answer
Meet government market borrowing requirements and finance fiscal deficits
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