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Question

Q. Consider the following statements:

Which of the statements given above is/are correct?

A

1 only
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B

2 only
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C

Both 1 and 2
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D

Neither 1 nor 2
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Solution

The correct option is B
2 only
Explanation:

Statement 1 is incorrect: In India the corporate bond market was very low. It is 17% of GDP in India whereas in South Korea it is 75%.

Statement 2 is correct: H R Khan committee was constituted to reform the corporate bond market.

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