Answer-Match the following: A) RTGS P) Central Counterparty B) SSS Q) Systematic...

Real Time Gross Settlement System RTGS system is owned and operated by the RBI. It is a Systemically Important Payment System SIPS where the inter-bank payments settle on a real time and on gross basis in the books of the RBI. Securities Settlement Systems SSS RBI manages and operates the SSS for the Government securities, both for outright and repo transactions conducted in the secondary market CCIL is a Central Counterparty CCP which was set up in April 2001 to provide clearing and settlement for transactions in Government securities, foreign exchange and money markets in the country. Negotiated Dealing System- Order Matching NDS-OM is an electronic, screen based, anonymous, order driven trading system for dealing in Government securities which was introduced in 2005.