2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs. 1, 000 crores
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Rs. 5, 000 crores
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Rs. 10, 000 crores
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Rs. 50, 000 crores
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Detailed explanation-1: -The RBI Retail Direct Online Portal will facilitate the following: Buying Government securities through primary auctions (non-competitive segment only). Buying and selling Government securities in the secondary market. Buying and selling Sovereign Gold Bonds (SGBs) in the primary and secondary market.
Detailed explanation-2: -Government securities in the form of GPN, bearer bond, stock and BLA are issued by RBI, while the Agency Banks are presently eligible to issue Relief/Savings Bonds in the form of BLA only.
Detailed explanation-3: -Types of government securities in India. In India, RBI provides several G-secs: Treasury Bills, Cash Management Bills (CMBs), Dated Government Securities, State Development Loans, Treasury Inflation Protected Securities (TIPS), Zero-Coupon Bonds, Capital Indexed Bonds, Floating Rate Bonds.