Civil Services Examination · Question 13
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?
Show answer & explanation
Answer: (B) 1 and 2
Explanation
Retail investors can bid for T-bills and G-secs in primary auctions (non-competitive route/Retail Direct), and NDS-OM is RBI's G-sec trading platform. CDSL was promoted by BSE with banks, not the RBI.