New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What does the term "central recordkeeping agency" refer

    to?
    A An agency that manages financial records for government bonds Correct Answer Incorrect Answer
    B An agency registered under section 27 to handle recordkeeping, accounting, administration, and customer service for scheme subscribers Correct Answer Incorrect Answer
    C An agency that registers new financial schemes Correct Answer Incorrect Answer
    D An agency responsible for maintaining physical records of securities Correct Answer Incorrect Answer
    E An agency that performs tax-related recordkeeping for financial institutions Correct Answer Incorrect Answer

    Solution

    Section 2 Definitions (b) "central recordkeeping agency" means an agency registered under section 27 to perform the functions of recordkeeping, accounting, administration and customer service for subscribers to schemes.

    Practice Next