📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    G-Secs in India are issued through auctions conducted by

    RBI. These auctions are conducted on the Core Banking Solution (CBS) platform of RBI called
    A e-Kuber Correct Answer Incorrect Answer
    B e-Vyapaar Correct Answer Incorrect Answer
    C e-Auction Correct Answer Incorrect Answer
    D e-Gsecs Correct Answer Incorrect Answer

    Solution

    G-Secs are issued through auctions conducted by RBI. Auctions are conducted on the electronic platform called the E-Kuber, the Core Banking Solution (CBS) platform of RBI. Commercial banks, scheduled UCBs, Primary Dealers, insurance companies and provident funds, who maintain funds account (current account) and securities accounts (Subsidiary General Ledger (SGL) account) with RBI, are members of this electronic platform. All members of E-Kuber can place their bids in the auction through this electronic platform.

    Practice Next
    ask-question