2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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G-Secs
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Commercial Papers
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Certificate of Deposit
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All the above
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Detailed explanation-1: -RBI Retail Direct Scheme has been launched on November 12, 2021 for providing one-stop access to facilitate investment in Government Securities by retail investors.
Detailed explanation-2: -With the introduction of this RBI Retail Direct scheme, retail investors can now buy and sell government securities (G-Secs) directly through the RBI Retail Direct Portal. Till now, retail investors could invest in government securities only through intermediaries like brokers or mutual funds.
Detailed explanation-3: -4. The first scheme, namely the Retail Direct Scheme seeks to widen the investor base for government securities by creating an ecosystem whereby retail investors can easily participate in the government securities market which is so far dominated by institutional investors.
Detailed explanation-4: -Retail Direct scheme is a one-stop solution to facilitate investment in Government Securities by Individual Investors.