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UPSC 2021: With reference to India, consider the following statements : 1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market. 2. The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India. 3. The 'Central Depository Services Ltd.' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct?
(a)1 only
(b)1 and 2
(c)3 only
(d)1 and 2 only
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Not attemptedCorrect Answer: (b) 1 and 2
Retail investors can buy Treasury Bills and GoI dated bonds in the primary market through Demat/RBI Retail Direct accounts (1 correct). NDS-OM is the Reserve Bank of India’s anonymous order-matching platform for secondary trading in G-Secs (2 correct). CDSL was promoted by BSE along with several banks, not by RBI (3 incorrect). Thus only 1 and 2 are correct. ([superkalam.com](https://superkalam.com/upsc-prelims/previous-year-question-paper/2021/gs-analysis/economy?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2021 Indian Economy question?▼
The correct answer is option (b): 1 and 2. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Financial Markets & Capital Markets question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2021, GS Paper 1, as Question 13. It falls under Indian Economy > Financial Markets & Capital Markets.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Financial Markets & Capital Markets?▼
UPSC has asked 39 questions from Financial Markets & Capital Markets (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.