Attempt this previous-year question. The correct option stays hidden until you choose.
Consider the following statements:
1. In India, Non- Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.
2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).
3. In India, Stock Exchanges can offer separate trading platforms for debts.
Which of the statements given above is/are correct?
Pick an option to check yourself.
• Correct Answer: D
• Statement 1 is incorrect: NBFCs cannot directly access RBI's Liquidity Adjustment Facility (LAF); access is restricted to scheduled commercial banks and primary dealers.
• Statements 2 and 3 are correct: FIIs/FPIs can hold G-Secs, and stock exchanges offer separate debt trading platforms.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
GyanGram