Explanation
- A
1 only
1 only. NDS-OM is also RBI’s G-sec matching platform.
- B
1 and 2
1 and 2. Retail demat access to T-bills/G-secs in the primary market (RBI Retail Direct / earlier routes) and NDS-OM as RBI’s platform. CDSL is a depository promoted by BSE and others, not RBI-plus-BSE as stated.
- C
3 only
3 only. Statement 3 is false.
- D
2 and 3
2 and 3. Statement 3 fails.
Summary. Official key is (b) 1 and 2. Retail investors can buy G-secs and T-bills in the primary market through demat/Retail Direct. NDS-OM is RBI’s negotiated dealing / order-matching system. CDSL is not an RBI–BSE joint as statement 3 claims.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2021 · Q7 · General Studies · 2 marks
Consider the following: 1. Foreign currency convertible bonds 2. Foreign institutional investment with certain conditions 3. Global depository receipts 4. Non-resident external deposits Which of the above can be included in Foreign Direct Investments? -
2018 · Q56 · General Studies · 2 marks
Consider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the state Governments. 3. Treasury bills are issued at a discount from the par value. Which of the statements given above is/are correct?