It serves as an intermediary between the investor and the depository who is authorised to maintain the accounts of dematerialised shares.

Related MCQs

• Suppose an investor purchases a 91 days Treasury bill with a face value of ₹2,00,000 for ₹1,92,000. By holding the bill until the maturity date, the investor receives ₹2,00,000. What is the amount of interest received by him?
• ..................... of shares in the first step in the depository process
• Jaykant is holding hundred shares of a company. He has been given a privilege offer to subscribe to a new issue of shares of the same company in proportion of 2:1 to the number of shares already possessed by him. Identify the method of floatation being described in the above case.
• . ..................... is the link between the depository and the owner
• ..................... acts as an intermediary between Govt. and money market
• .................. are negotiable instrument issued by an overseas depository
• The depository institutions such as thrifts includes
• The largest depository institution at the end of 2001 was
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• The depository institutions includes