alleryAn investor who cannot open an SGL account may open a:
AGuilt Account
BGrant Account
CGrain Account
DGilt Account
Answer & Solution
Correct answer: D. Gilt Account
1. SGL eligibility is restricted to strong entities.
2. A bank or primary dealer acts as custodian instead.
3. The investor opens a Gilt Account.
_Source: RBI, FAQs on the Government Securities Market in India_
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