📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which of the following options accurately describes the

      ISIN code assigned by SEBI?
      A A 6-character alphanumeric code Correct Answer Incorrect Answer
      B A 10-character alphanumeric code Correct Answer Incorrect Answer
      C A 12-character alphanumeric code Correct Answer Incorrect Answer
      D A 16-character alphanumeric code Correct Answer Incorrect Answer
      E A 20-character alphanumeric code Correct Answer Incorrect Answer

      Solution

      Explanation : International Securities Identification Numbering ( ISIN ) system, uniquely identifies a security . The ISIN is an international standard formed by the International Organization for Standardization ( ISO ) , for the purpose of numbering specific securities .   The ISIN number is administered by the corresponding National Numbering Agency present in the respective country . A typical ISIN code consists of 12 alphanumeric characters . The first two are assigned by the country of origin and by the head office of the issuing company respectively . The 9 characters between the first and the last, are utilized for unique identification of the security . The last digit acts as a check digit to prevent errors and ensure authenticity of the code .

      Practice Next
      ask-question