31. Which government securities have a fixed maturity date and pay a fixed interest rate?
a) Treasury Bills
b) Cash Management Bills
c) State Development Loans
d) Fixed Deposit Bonds
32. Who is responsible for the management and operations of the Primary Dealers in government securities?
a) Ministry of Finance
b) Securities and Exchange Board of India (SEBI)
d) National Stock Exchange (NSE)
33. What is the role of Primary Dealers in the government securities market?
a) They act as underwriters for government bond issuances
b) They facilitate the distribution and trading of government securities
c) They provide liquidity support to the government securities market
d) All of the above
34. How does RBI manage the refinancing of State Development Loans (SDLs)?
a) By issuing fresh SDLs to replace maturing SDLs
b) By arranging co-financing from international institutions
c) By refinancing the loans directly through RBI’s balance sheet
d) By advising state governments on budgetary management
35. What role does RBI play in the secondary market for government securities?
a) RBI acts as a market regulator, ensuring fair trading practices.
b) RBI encourages the participation of retail investors in the secondary market.
c) RBI conducts auctions and sets prices for government securities in the secondary market.
d) RBI does not have a direct role in the secondary market.
