Business Studies · Capital Market Regulations
According to the Depositories Act, 1996, a depository can commence business only after fulfilling which of the following conditions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Listing its securities on a recognized stock exchange
- 2Receiving a certificate of commencement of business from SEBI✓
- 3Entering into agreements with participants
- 4Obtaining approval from the Central Government
Correct answer
Receiving a certificate of commencement of business from SEBI
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