Select the correct answer using the code given below:
✅ Correct Answer: (d) 1, 2 and 3
Explanation:
Insurance Companies: Invest large premium collections in corporate bonds and Government Securities (G-Secs) for stable returns.
Pension Funds: Invest in rated corporate bonds and G-Secs to ensure long-term pension stability. Investment in lower-rated bonds is subject to regulatory limits.
Retail Investors: Can invest directly (e.g., RBI Retail Direct Scheme) or indirectly (mutual funds, bond ETFs) in both corporate bonds and G-Secs.
