With reference to the Indian economy, consider the following statements : 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct ?
a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
Public FinanceGovernment Borrowings and Household SavingsIndian economyhousehold financial savingsgovernment borrowingsdated securitiesmarket-related ratesauctionsinternal debt