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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) Eligibility: Retail investors, as defined under the scheme, can register under the Scheme and maintain a RDG Account, if they have the following: 1. Permanent Account Number (PAN) issued by the Income Tax Department; 2. Access to primary issuance of Government securities 3. Any officially valid document (OVD) for KYC purpose; 4. Valid email id; and 5. Registered mobile number Non-Resident retail investors eligible to invest in Government Securities under Foreign Exchange Management Act, 1999 are eligible under the scheme. The RDG account can be opened singly or jointly with another retail investor who meets the eligibility criteria.
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A purchased an article for Rs 1280. She sold the article at 10% profit. She then added Rs 200 to the amount received and purchased a purse such t...
The ratio of the C.P. and S.P. of an article is 15: 14. What is the Loss percent?
A shopkeeper marks the price of an item 40% above its cost price and then offers a discount of 25% on the marked price. If the shopkeeper still earns a ...
A dealer sold an article at a loss of 4%. Had he sold it for ₹120 more, he would have gained 8%. To gain 11%, he should sell the article for?
