Correct answer: (c) 1, 2 and 3
Explanation
- A
1 and 2 only
1 and 2 only. Debt platforms at exchanges (3) are also keyed.
- B
3 only
3 only. The paper keys all three statements.
- C
1, 2 and 3
1, 2 and 3. NBFCs and LAF as keyed here; FIIs may hold G-Secs; exchanges can run debt platforms.
- D
2 and 3 only
2 and 3 only. Drops statement 1, which this paper keeps.
Summary. Official key is (c) 1, 2 and 3. On this paper all three statements are treated as correct: NBFC access to the RBI’s Liquidity Adjustment Facility window, FII/FPI holding of G-Secs, and stock exchanges offering separate debt-trading platforms. Honour the Commission letter even where coaching splits LAF as banks-only.
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