Question

Which of the following statements is correct

A. Depository is an agent of Depository Participant (DP)

B. Depository Participants (DPs) are intermediaries between investors and Depository 

A a. Only A is correct Correct Answer Incorrect Answer
B b. Only B is Correct Correct Answer Incorrect Answer
C c. Both A & B are Incorrect Correct Answer Incorrect Answer
D d. Both A & B are Correct Correct Answer Incorrect Answer

Solution

The correct answer is B

×