RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 237 of 260

- Read the passage given below and answer the following questions: The capital market is a financial market where long-term funds are raised and traded through instruments such as shares, debentures, and bonds. It plays a vital role in economic development by mobilising savings and channelising them into productive investments. The capital market helps companies raise capital for expansion and allows investors to earn returns on their savings. It also ensures efficient allocation of resources, promotes transparency, and encourages financial discipline. A well-developed capital market contributes to economic growth, stability, and increased employment opportunities in an economy. (This is a recreated passage and not the exact one asked in the exam) According to a circular released by SEBI in 2018, apart from ASBA process, applicants can also apply for an IPO through ________.

Growth & Development

1. AA. UPICorrect
2. BB. NACH
3. CC. IMPS
4. DD. NEFT
5. EE. None of the above