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Gilt-edged market means

  1. A
    bullion market.
  2. B
    market of government securities.
  3. C
    market of guns.
  4. D
    market of pure metals.

Solution & Step-by-step Explanation

The "gilt-edged market" refers explicitly to the market for government securities and bonds. These instruments are considered high-grade and safe investments carrying negligible risk of default, historically termed "gilt-edged" because old certificates had gold-gilded edges.

Practice this question

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Gilt-edged market means
A
bullion market.
B
market of government securities.
C
market of guns.
D
market of pure metals.

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