UPSC PRELIMS · ECONOMICS · INDIAN ECONOMY: BANKING

Consider the following statements: 1. Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India. 2. Foreign Institutional Investors can hold Government Securities. 3. Stock Exchanges can offer separate debt trading platforms. Which of the statements given above are correct?

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

Eligible NBFCs can access specified RBI liquidity facilities under the applicable framework. Foreign portfolio investors can hold Government Securities, and stock exchanges can provide platforms for debt securities trading, so all three statements are correct.

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