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With reference to ‘Retail Direct Scheme’, consider the following statements
  1. Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI.
  2. All Government securities including State Development Loans are available to the users
  3. A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).
Choose the correct statements
  • a)
    1 and 2 only 
  • b)
    2 and 3 only 
  • c)
    1 and 3 only 
  • d)
    All the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
With reference to ‘Retail Direct Scheme’, consider the fol...
 
Statement Analysis:
Statement 1
Correct

Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI under Retail Direct Scheme
Statement 2
Correct

A dedicated online portal will provide registered users access to primary issuance of government securities and to Negotiated Dealing System-Order Matching system (NDS-OM)
Statement 3
Correct

Investments available to the user under this scheme are-
  1. Government of India Treasury Bills. 
  2. Government of India dated securities. 
  3. Sovereign Gold Bonds (SGB). 
  4. State Development Loans (SDLs)
Context- RBI Retail Direct Scheme was launched
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With reference to ‘Retail Direct Scheme’, consider the following statements Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI. All Government securities including State Development Loans are available to the users A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).Choose the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
With reference to ‘Retail Direct Scheme’, consider the following statements Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI. All Government securities including State Development Loans are available to the users A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).Choose the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about With reference to ‘Retail Direct Scheme’, consider the following statements Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI. All Government securities including State Development Loans are available to the users A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).Choose the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to ‘Retail Direct Scheme’, consider the following statements Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI. All Government securities including State Development Loans are available to the users A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).Choose the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'D'. Can you explain this answer?.
Solutions for With reference to ‘Retail Direct Scheme’, consider the following statements Retail investors will be allowed to open retail direct gilt accounts (RDG) directly with RBI. All Government securities including State Development Loans are available to the users A dedicated online portal will provide registered users access to Negotiated Dealing System-Order Matching system (NDS-OM).Choose the correct statementsa)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)All the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
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