Q.

What is referred to as 'Depository Services'?

A. A new scheme of fixed deposits
B. A method for regulating stock exchanges
C. An agency for safe-keeping of securities
D. An advisory service to investors
Answer» C. An agency for safe-keeping of securities
Explanation: It is a service offered by a securities depository under which the depository maintains book accounts recording the ownership of securities held on behalf of the depository's participants, for eligible securities.
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Economics (GK)

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