n NISM Certifications
XVII NISM Series XVII
Medium

The Reserve Bank of India manages the issuance of Central and State Government securities.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Ministry of Finance

  2. B

    The central government

  3. The Reserve Bank of India

    Correct answer

  4. D

    Securities and Exchange Board of India

Why this is the answer

RBI acts as the banker to the government and handles securities issuance.

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