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    Question

    The Reserve Bank of India uses the Negotiated Dealing

    System – Order Matching for bond trading that is operated by –
    A National Automated Clearing House Correct Answer Incorrect Answer
    B Clearing Corporation of India Limited Correct Answer Incorrect Answer
    C National Payment Corporation of India Correct Answer Incorrect Answer
    D Ministry of Finance Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The NDS-OM is a bond trading platform used by the RBI. Through this system, the participants can take part in bidding anonymously by placing their orders or accepting the orders already placed by the other participants. This is operated by the Clearing Corporation of India Limited on behalf of the RBI. 

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