New ixamBee Expert Talk Session by ex-GM, NABARD

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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

A a. Only A is correct

B b. Only B is Correct

C c. Both A & B are Incorrect

D d. Both A & B are Correct

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