Which of the following statements regarding the RBI’s scheme for trading & settlement of Sovereign Green Bonds (SGrBs) in IFSC is/are correct?

  1. The scheme applies to investments in Sovereign Green Bonds (SGrBs) issued by the Government of India to eligible investors in IFSC.

  2. Investors are permitted to repackage any derivative instrument on underlying securities and undertake repo transactions in such securities.

  3. Eligible IBUs are permitted to participate in primary auctions of SGrBs but must reverse trade with their parent bank in India on a T+0 settlement basis to close out any open securities positions.

1
Only statement 1 is correct
2
Only statement 2 is correct
3
Only statement 1 and 3 are correct
4
Only statement 1 and 2 are correct
5
All statements are correct

Sponsored

hivanix.in

Visit

This quiz is brought to you by hivanix.in

🌐 Web App Development

Quick Navigation