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Q43·GS Paper 1 · Prelims 2024

Trading in Corporate Bonds & G-Secs

EconomyFinancial Markets & InstrumentsStatement-basedMediumStatic

Question

In India, which of the following can trade in Corporate Bonds and Government Securities? Select the correct answer using the code given below:

  1. 1.

    Insurance Companies

  2. 2.

    Pension Funds

  3. 3.

    Retail Investors

Options

a

1 and 2 only

b

2 and 3 only

c

1 and 3 only

d

1, 2 and 3

Answer

Explanation

All three entities can trade in both corporate bonds and G-Secs. Insurance Companies and Pension Funds are massive institutional participants in debt markets. Under modern RBI reforms (like the RBI Retail Direct Scheme), Retail Investors are also fully permitted to open direct accounts and trade in Government Securities and corporate bonds.

The democratization of Indian financial markets explicitly allows retail investors to access the exact same government debt instruments as massive institutions.

Answer: (d).

Question details

Year

2024

Paper

GS Paper 1

Question

Q43

Subject

Economy

Sub-topic

Financial Markets & Instruments

Type

Statement-based

Difficulty

Medium

Nature

Static

Source hint

RBI Retail Direct Scheme 2021

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