In India, which of the following can trade in Corporate Bonds and Government Securities? 1. Insurance…

In India, which of the following can trade in Corporate Bonds and Government Securities? 1. Insurance Companies 2. Pension Funds 3. Retail Investors. Select the correct answer using the code given below:
  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1, 2 and 3

Solution

Insurance companies, pension funds and retail investors (through the RBI Retail Direct scheme and exchanges) can all trade in corporate bonds and government securities.

Asked in: UPSC Prelims 2024

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