Economics · Economy
A Primary Dealer (PD) in the Indian government securities market acts primarily as an entity to:
- 1Sell high-yield corporate debentures exclusively to retail buyers
- 2Provide direct microfinance loans to agricultural sectors
- 3Support the underwriting and primary market absorption of government securities✓
- 4Regulate and supervise the daily clearing operations of stock markets
Correct answer
Support the underwriting and primary market absorption of government securities
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