Civil Services Examination · Question 10

With reference to the Indian economy, consider the following statements: 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct?

1. A1 only
2. B2 only
3. CBoth 1 and 2
4. DNeither 1 nor 2