The correct option is 1, 2, and 3
Explanation
The Indian financial system includes multiple institutions and mechanisms regulated by the Reserve Bank of India and securities market regulators, allowing participation of various entities in liquidity, securities, and trading frameworks.
Statement-wise Analysis
- In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India — Correct
The Reserve Bank of India has, over time, permitted certain categories of Non-Banking Financial Companies to access liquidity facilities, including through indirect or special arrangements such as refinancing and targeted liquidity measures, enabling them to benefit from liquidity support mechanisms. - In India, Foreign Institutional Investors can hold the Government Securities (G-Secs) — Correct
Foreign Institutional Investors are permitted to invest in Government Securities within specified limits under the regulatory framework, allowing foreign participation in India’s sovereign debt market. - In India, Stock Exchanges can offer separate trading platforms for debts — Correct
Stock exchanges in India operate dedicated debt segments where government and corporate bonds are traded separately from equity markets, ensuring organized and transparent trading of debt instruments.
Key Takeaway: The Indian financial system allows regulated participation of NBFCs in liquidity frameworks, foreign investors in government securities, and provides dedicated platforms for debt trading within stock exchanges.