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Consider the following statements regarding Sovereign Bonds. 1. A sovereign bond is a specific debt instrument issued by the government in both foreign and domestic currency. 2. The yield of the sovereign bond is the interest rate that the government pays on issuing bonds. 3. The central banks also control the supply of money within the economy by the use of these bonds. Which of the above statements is/are correct?
This question appeared in the JKPSC Prelims 2022 examination (GS-I). It is Question 71 out of 100 questions in this paper.
This question was part of the JKPSC Prelims 2022 (GS-I). The JKPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all JKPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.