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      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┬а
      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

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