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      Question

      Which instrument is used by foreign entities not

      registered with SEBI to invest in India Market via registered brokers?
      A IDR Correct Answer Incorrect Answer
      B GDR Correct Answer Incorrect Answer
      C Participatory Notes Correct Answer Incorrect Answer
      D ADR Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

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

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