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    Question

    Which of the following is one of the objectives of

    RBI’s Retail Direct Scheme?
    A RBI Awareness Programme Correct Answer Incorrect Answer
    B A platform to engage all other regulatory bodies Correct Answer Incorrect Answer
    C A type of Ombudsman Scheme Correct Answer Incorrect Answer
    D To facilitate investment in Government Securities by individual investors Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    RBI Retail Direct Scheme Launched on 12 November 2021 Objective: To facilitate investment in Government Securities by individual investors.Ā  Features/Scope: Retail investors (individuals) will have the facility to open and maintain the ā€˜Retail Direct Gilt Account’ (RDG Account) with RBI. RDG Account can be opened through an ā€˜Online portal’ provided for the purpose of the scheme. The ā€˜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).

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