ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    Which of the following Schemes allows the retail

    investors to Open & maintain retail Gilt account with RBI?
    A Retain One Scheme Correct Answer Incorrect Answer
    B Retail Direct Scheme Correct Answer Incorrect Answer
    C Retail Plus Scheme Correct Answer Incorrect Answer
    D Retail Trade Plus Scheme Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Launched on 12 November 2021 Objective: To facilitate investment in Government Securities by individual investors.┬а Features/Scope: Retail investors (individuals) will have the facility to open and maintain the тАШRetail Direct Gilt AccountтАЩ (RDG Account) with RBI. RDG Account can be opened through an тАШOnline portalтАЩ provided for the purpose of the scheme. The тАШOnline portalтАЩ will also give the registered users the following facilities: Access to primary issuance of Government securities Access to NDS-OM. (NDS-OM means RBIтАЩs screen based, anonymous electronic order matching system for trading in Government securities in the secondary market)

    Practice Next
    More Financial Management Questions
    ask-question