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Gilt-edged securities are issued mainly by

Commerce
JAMB 2013

Gilt-edged securities are issued mainly by

  • A. individuals
  • B. non-governmental organisations
  • C. Government
  • D. multi-national companies
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Correct Answer: Option C
Explanation

Gilt-edged securities refer to high-grade bonds that some national governments and private organizations issue in an effort to generate revenue.

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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts