Consider the following statements regarding retail investors in the context of the RBI's Retail Direct Scheme:
1. Retail investors are non-professional investors who can open and maintain a ‘Retail Direct Gilt Account’ (RDG Account) with the RBI to invest in Government securities.
2. Retail investors dominate the G-sec market, trading in large lot sizes comparable to institutional investors.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2