………….. is an institution or organisation, which holds securities in electronic form, in which trading is done.
A. Stock Exchange
B. SEBI
C. Depository
D. None of the above
Answer:C
………….. is an institution or organisation, which holds securities in electronic form, in which trading is done.
A. Stock Exchange B. SEBI C. Depository D. None of the above
Explanation: Just like a bank keeps money in safe custody for customers, a depository is also like a bank and keeps securities in electronic form on behalf of the investor. It is a technology driven electronic storage system. It has no paper work relating to share certificates, transfer, forms, etc.