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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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