| Internal debt of the Government of India includes: |
| 1. Loans raised by the government in the open market through treasury bills and Government securities. |
| 2. Special Securities issued to the RBI. |
| 3. Oil bonds |
| Choose the correct one: |
A) Only 1 and 2
B) Only 2 and 3
C) Only 1 and 3
D) All 1, 2 and 3
Correct Answer: D
Solution :
[d] Internal Debt comprises loans raised in the open market, special securities issued to Reserve Bank, compensation and other bonds, etc. It also includes borrowings through treasury bills including treasury bills issued to State Governments, commercial banks and other parties, as well as non-negotiable, non-interest bearing rupee securities issued to international financial institutions viz., the International Monetary Fund (source: India Budget 2015-16)
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