RBI Grade B Officer (General / DEPR / DSIM) 2025 · Question 233 of 259

- Read the passage given below and answer the following questions: __________ is a screen-based, electronic, anonymous order-matching system for secondary market trading in Government securities, owned and operated by the Reserve Bank of India. Membership of the system is currently open to entities such as banks, primary dealers, insurance companies, and mutual funds, i.e., entities that maintain Subsidiary General Ledger (SGL) accounts with the RBI. These entities are designated as Primary Members (PMs) of the system and are permitted by the RBI to participate directly. Gilt Account Holders, who maintain gilt accounts with these Primary Members, are allowed indirect access to the system and may place trades by requesting their respective Primary Members to submit orders on their behalf on the system. (This is a recreated passage and not the exact one asked in the exam) Which of the following executes transactions on the NDS-OM platform?

Monetary Policy

1. AA. Reserve Bank of India (RBI)
2. BB. Clearing Corporation of India Ltd. (CCIL)Correct
3. CC. National Payments Corporation of India (NPCI)
4. DD. Central Depository Services (India) Ltd. (CDSL)
5. EE. National Securities Depository Ltd. (NSDL)