Question 43
Stock ExchangeWhich of the following is gilt-edged security?
- A.Government bonds and stocks
- B.Gold mine stocks
- C.Company shares and stocks
- D.Life assurance policy
- E.Bank stocks and securities
Show the answer and explanation
Answer: A (Government bonds and stocks)
Explanation
Gilt-edged securities are government stocks and bonds, very safe because the government guarantees them.