Section 2. Definitions

2. Definitions.— In this Act, unless there is anything repugnant in the subject or context,— (1) "the Bank" means the Reserve Bank of India; 9[(1A) "the Government", in relation to any Government security, means the Central or State Government issuing the security;] (2) "Government security" means— (a) a security, created and issued,[10] [by the Government] for the purpose of raising a public loan, and having one of the following forms, namely :— (i) stock transferable by registration in the books of the Bank; or