Question
RBI Retail Direct Scheme provides Retail investors the
facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI. It was launched in __________.Solution
RBI Retail Direct Scheme Launched on 12 November 2021 Objective: To facilitate investment in Government Securities by individual investors. Features/Scope: Retail investors (individuals) will have the facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI. RDG Account can be opened through an ‘Online portal’ provided for the purpose of the scheme. The ‘Online portal’ will also give the registered users the following facilities: Access to primary issuance of Government securities Access to NDS-OM. (NDS-OM means RBI’s screen based, anonymous electronic order matching system for trading in Government securities in the secondary market)
Agriculture Insurance Company of India Limited was incorporated with an authorised share capital of INR ______ billion.
Which feature is not allowed in the Indian insurance market?
A retrocessionaire is:Â
Which Insurance is a compulsory insurance plan administered by a government agency with the primary emphasis on social adequacy?
What is the purpose of a deductible in an insurance policy?
How many Insurance Ombudsman are functional in India?
An agreement between an insurance company and an agent, granting the agent authority to write insurance from that company is called?
Which of the following form is designed to be used by many different insurers and has exactly the same provisions ?
What is the paid up capital of Life Insurance Corporation of India (LIC)?
Which of these changes would typically require an endorsement?
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