Discussion
Which of the following apps has been launched by the Reserve Bank of India (RBI) to enable retail investors to directly participate in the Government Securities (G-Sec) market ?
Answer: D
The app is RBI Retail Direct.
The RBI Retail Direct scheme, launched in November 2021, lets individual investors open a gilt account directly with the Reserve Bank and buy government securities in primary auctions and on the secondary market; it now also has a mobile app.
The other names are not for G-Sec investment. RBI MANI (Mobile Aided Note Identifier) helps visually impaired people identify currency notes, and RBIDATA gives access to the Bank's statistics. 'RBI DigiSec' is not an RBI app.
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