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      Question

      What are

      P-notes?
      A Parliamentary Notes Correct Answer Incorrect Answer
      B Paramilitary Notes Correct Answer Incorrect Answer
      C Participatory notes Correct Answer Incorrect Answer
      D Public Notes Correct Answer Incorrect Answer
      E Power Notes Correct Answer Incorrect Answer

      Solution

      Participatory notes, also referred to as "P-notes," are financial instruments used by investors or hedge funds that are not registered with the Securities and Exchange Board of India (SEBI) to invest in Indian securities. Any dividends or capital gains collected from the underlying securities go back to the investors.

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