A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct as State Bank of India subscribed to the T-bills in 2019 and extended the facility multiple times. Statement 2 is incorrect because the Ministry of External Affairs reported the assistance and interest payments, not the Ministry of Finance acting independently of external affairs.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2023 · Q25 · General Studies · 2 marks
Consider the following markets: 1. Government Bond Market 2. Call Money Market 3. Treasury Bill Market 4. Stock Market How many of the above are included in capital markets? -
2021 · Q13 · General Studies · 2 marks
With reference to India, consider the following statements: 1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market. 2. The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India. 3. The 'Central Depository Services Ltd' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct? -
2018 · Q56 · General Studies · 2 marks
Consider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the state Governments. 3. Treasury bills are issued at a discount from the par value. Which of the statements given above is/are correct? -
2026 · Q71 · General Studies · 2 marks
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2024 · Q20 · GS II · 15 marks
Discuss the geopolitical and geostrategic importance of Maldives for India, with a focus on global trade and energy flows. Further, also discuss how this relationship affects India's maritime security and regional stability amidst international competition?