In India, which of the following can trade in Corporate Bonds and Government Securities?

1. Insurance Companies

2. Pension Funds

3. Retail Investors

Select the correct answer using the code given below:

1. (a) 1 and 2 only
2. (b) 2 and 3 only
3. (c) 1 and 3 only
4. (d) 1, 2 and 3Correct answer

Answer: (d)