With reference to India, consider the following statements: 1. Retail investors through demat account can invest in “Treasury Bills” and “Government of India Debt Bonds” in primary market. 2. The “Negotiated Dealing System-Order Matching” is a government securities trading platform of the Reserve Bank of India. 3. The “Central Depository Services Ltd.” is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct?
Question:
With reference to India, consider the following statements: 1. Retail investors through demat account can invest in “Treasury Bills” and “Government of India Debt Bonds” in primary market. 2. The “Negotiated Dealing System-Order Matching” is a government securities trading platform of the Reserve Bank of India. 3. The “Central Depository Services Ltd.” is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct?
With reference to India, consider the following statements: 1. Retail investors through demat account can invest in “Treasury Bills” and “Government of India Debt Bonds” in primary market. 2. The “Negotiated Dealing System-Order Matching” is a government securities trading platform of the Reserve Bank of India. 3. The “Central Depository Services Ltd.” is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct?
Options
Answer: 1 and 2 only
Explanation:
Retail investors can access G-secs and T-bills via the RBI Retail Direct platform and demat accounts. NDS-OM is RBI’s platform for G-sec trading. CDSL is promoted by BSE and banks, not RBI.
Explanation:
Retail investors can access G-secs and T-bills via the RBI Retail Direct platform and demat accounts. NDS-OM is RBI’s platform for G-sec trading. CDSL is promoted by BSE and banks, not RBI.
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