Which of the following statements is/are correct with reference to the government securities?
A. Retail investors can directly open their gilt accounts with RBI, and trade in government securities.
B. Government Securities (or g-secs) are debt instruments issued by the government to borrow money.
C. Both A & B
D. None of these
Explanation:
The Reserve Bank of India (RBI) will give small investors direct access to its government securities trading platform. Retail investors can directly open their gilt accounts with RBI, and trade in government securities. Government Securities (or g-secs) are debt instruments issued by the government to borrow money.