Which of the following can be a depository participant (DP)?
A. Bank
B. Broker
C. Financial Services Company
D. All of the above
Answer:D
Which of the following can be a depository participant (DP)?
A. Bank B. Broker C. Financial Services Company D. All of the above
Explanation: A depository participant (DP), can be either a bank, broker, or financial services company. Depository Participant (DP) is an agent of the depository. Investors interact only f with DR Any financial institution can become DP after registration with SEBI. The company whose shares are to be transacted in lectronic form must be registered with a depository.