Attributes of Government securities market
Write down the attributes of Government securities market?
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i) This is the largest section of debt market in India. ii) This accounts for almost 2/3rd of the issues in primary market. iii) This accounts for almost 4/5th of the turnover in secondary market. iv) Issues are regulated through RBI under Public Debt Act. v) Such securities are issued throughout an auction mechanism. vi) Perspective investors are insurance companies, banks, trusts, mutual funds, provident funds and so on. vii) Such instruments can be traded in WDM section of NSE that is fully automated screen based trading system.
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Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
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