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Banking - General Knowledge Questions
Which scheme launched by RBI to provide a safe, simple, direct and secured platform to investors for trade of Government securities?
A)
Retail Net Scheme
B)
Retail Direct Scheme
C)
Retail Value Scheme
D)
Retail Solution Scheme

Correct Answer : Option (B) - Retail Direct Scheme

Prime Minister Narendra Modi has launched the Reserve Bank of India-Retail Direct (RBI-RD) Scheme of RBI on November 12th, 2021. Under this, the retail investors (general public/individuals) can buy/sell government securities in both primary and secondary markets.

Published On : November 14, 2021
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