Question : Which of the following is not a type of government security?
Option 1: Treasury bill
Option 2: Bonds
Option 3: Equity shares
Option 4: None of the above
Answer (1)
25th Jan, 2024
Correct Answer: Equity shares
Solution : The correct answer is (c). Equity shares
Equity shares are not a type of government security. Equity shares represent ownership in a company and are issued by corporations, not by the government. Shareholders of equity shares are entitled to a share in the company's profits and have voting rights in the company's decision-making process.
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