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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