Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-4

  • question_answer
    Public Debt Management agency (PDMA) is being set up to prevent leakages and development of the_________.

    A)  Treasury market

    B)  Bond market

    C)  Money market

    D)  Capital market          

    E)  Car money market

    Correct Answer: B

    Solution :

     The proposed Public Debt Management Agency (PDMA) aims at the development of the bond market in the country and prevent leakages of public funds. It will structure the debt requirement, monitor the utilisation and the cost of the debt. After this process this agency will collect and publish information of public debt. Then it will purchase and reissue various bonds.


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