1). Only I and II are correct2). Only III is correct3). Only II is cor – InterviewSolution

1.	1). Only I and II are correct2). Only III is correct3). Only II is correct4). All are correct
Answer» The following are the features of the Government Securities: These can be ISSUED by the CENTRAL Government, States government, Semi-Government authorities, Autonomous institutions, PSCs, and other governmental AGENCIES. These have a fixed rate of INTEREST. RBI can keep them to monitor the monetary policy Interest earned on them is exempted from the income tax, subjected to the limits under the Income Tax Act. They have a fixed maturity period.

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