Bonds are being issued by: |
Semi-Government organization Non-Government organization Government All of these |
All of these |
The correct answer is option 4- All of these. Bond is also an instrument of acknowledgement of debt. Traditionally, the Government issued bonds, but these days, bonds are also being issued by semi-government and non-governmental organisations. The terms ‘debentures’ and ‘Bonds’ are now being used inter-changeably. |