Official Answer Key & Detailed Solution
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Correct Answer: Option (B) — 1 and 2
Concept & Option Breakdown
Standard Reference Verified- Statement 1 is correct: Under non-competitive bidding schemes and the RBI Retail Direct framework, retail investors can use Demat/Retail Direct accounts to bid for T-Bills and G-Secs in primary auctions.
- Statement 2 is correct: NDS-OM (Negotiated Dealing System-Order Matching) is RBI's electronic, screen-based, anonymous order matching system for secondary trading in government securities.
- Statement 3 is incorrect: CDSL was promoted by BSE along with leading commercial banks (like SBI, BOI, HDFC Bank, Bank of Baroda), not by the RBI.
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