Business Studies · Capital Market Regulations
Under the Depositories Act, 1996, a depository must enter into an agreement with which of the following before acting as a depository?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Stock exchanges
- 2One or more participants as its agents✓
- 3Beneficial owners directly
- 4Issuers only
Correct answer
One or more participants as its agents
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