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    Question

    Participatory notes (PNs) are associated with which one

    of the following?
    A Consolidated Fund of India Correct Answer Incorrect Answer
    B Foreign institutional investors Correct Answer Incorrect Answer
    C United Nations Development programme Correct Answer Incorrect Answer
    D Kyoto Protocol Correct Answer Incorrect Answer
    E Climate Change Correct Answer Incorrect Answer

    Solution

    P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly.

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